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M7 Keeping careful records
- Study this group’s records. What can you learn about the amounts they have agreed to pay in each week? What happens if members are away?
- How much do they give out to members each week? Why do you think this is less than the members normally pay in each week?
- How do they earn more income as a group?
- Discuss what you think they should do about Florence.
Discussion
- Emphasise that this is just one example of a very simple method of record keeping. Is there other information participants think should be added?
- Emphasise the need to discuss problems before they happen:
• What can be done if members stop paying regularly but still want a loan?
• What happens if members are sick or in trouble?
• How can the group protect themselves against a member who is one of the first to receive the credit and then leaves?
• How can a group protect themselves from future difficulties such as drought leading to a poor harvest?
Go to M8 |
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This page was last updated on 04 August 2005
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