Scale2Save marks World Savings Day 2021

Scale2Save Campaign

Micro savings, maximum impact.

To mark World Savings Day, October 31, we are sharing with you the stories from our programme partner Advans Côte d’Ivoire and from our learning partner Tanzania Commercial Bank on how they are working to improve the financial inclusion of low-income people in their countries.

Scale2Save marks World Savings Day
To mark World Savings Day, October 31, we are sharing with you the stories from our programme partner Advans Côte d’Ivoire and from our learning partner Tanzania Commercial Bank on how they are working to improve the financial inclusion of low-income people in their countries.

We thank all our partners for their generous response to our call for photos and stories to mark this occasion, and look forward to continue working together for financial inclusion.

The Scale2Save team

In the framework of the Scale2Save programme, Advans Côte d’Ivoire has developed an application called Customer Corner. This application is available from banking agents, a field team dedicated to agricultural producers. The opening of savings accounts is done by the banking agent from his smartphone. Once the savings account is opened, the producer can carry out transactions with his phone.

In addition, field agents assist our producer clients in the management of their savings accounts by visiting them and taking into account all their concerns. The producers are met periodically either individually or within their cooperatives.

As a result, small-holder farmers have access to savings accounts, and are supported in their financial education in order to strengthen their financial security. In October 2021, 80,000 producers were registered. Read the full story

Scale2Save learning partner, Tanzania Commercial Bank Plc (TCB), developed a digital tool for saving groups in the framework of the Savings at the Frontier (SatF) programme (Digitizing Informal Saving Mechanisms) and with support from the Mastercard Foundation. The new product, called M-KOBA, was launched in 2019.

Now, TCB is taking this product further by targeting Village Savings and Loans Associations, in partnership with NGO Plan International. Between August and October 2021 in Isanzu, Nyang’ingi, Sangabuye and Laela villages, savings group representatives met with TCB and Plan team to be trained on how to use M-KOBA, group loans application processes and life insurance. Read the full story

Scale2Save


Financial News & Views: October 2021 Edition

WSBI ESBG

Month: October 2021

WSBI and ESBG produce a quarterly publication covering the latest news from the two associations as well as insight pieces from leaders in the savings and retail banking world. We also produce periodic brochures and reports.

WHAT’S INSIDE?
Sustainable Finance: it’s complicated (page 1)
Basel on my mind (page 2)
Not an era of change, but the change of an era (page 3)
Europe, inspire the world! (page 4)
Scale2Save partners go from competition to collaboration (page 5)
Green bonds – no time to die (page 6

READ THE DIGITAL VERSION