What we do
SaveAct implements a hybrid model of community-based savings activities, which incorporates three complementary elements:
SaveAct's strategy is based on extensive research around social and economic empowerment experiences locally and internationally. It seeks to build on these experiences. The model acknowledges the importance of local knowledge (e.g. cultural practices related to stokvels) and capabilities of the poor.
The model (see graphic below) is a triad of activities which makes for a powerful combination that will enable people to better secure their livelihoods. SaveAct believes that it is essential for the poor to organise and develop collective action to secure their rights. Even where democracy is present there is a tendency for poor and vulnerable groups to be ignored.
In South Africa, despite a constitution that protects citizens’ rights, there is an absence of social and economic justice. Poor and vulnerable groups need 'a voice' that will ensure that they too can secure the resources to 'climb out of poverty', influence policies and hold government accountable. This will be enabled through a combination of promoting contact and learning exchanges between groups, and through the initiative of SCGs themselves