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M6 Savings clubs
- Savings clubs may encourage members to save a small amount of money regularly to use for a special purpose. Members may all save for the same event, such as making a visit together or establishing an income-generating project. Members may also save individually, for example for a wedding or for Christmas celebrations.
- Simple savings clubs depend on an honest and reliable Treasurer.
Discussion
- Discuss how establishing a savings club could be added to the regular activities of any group.
- What experiences do members have with savings clubs? Have these been positive or difficult experiences?
- How should the funds of a savings club be looked after?
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This page was last updated on 04 August 2005
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