ACTIVE PROJECTS

Local lending, a ladder out of poverty

Think it’s tough to make ends meet these days? In places like Malawi, it can be an impossible task. Without access to credit, women who work from sunrise to sunset may earn too little to feed and shelter their families, let alone save or start a business.  

For them, the chance to borrow even small amounts can lead to a better way of life. That’s the promise of Village Savings & Loans Associations or “VSLAs.” These groups allow women to save and lend money collectively, so they become a bank for each other. Since 2009, we’ve helped CARE create over 50 VSLAs in Malawi, helping women start businesses, earn new kinds of income and, in time, lift families out of poverty.  

By supporting this project, you can help send donations to CARE that help establish VSLAs in Malawi—just by watching and sharing the video.