CREDIT SCHEMES

This issue began as one on income generating – ideas for small businesses. However as articles began to come in, it became clear that the focus instead should be on credit schemes for the poor – essential before any income generating business can begin. The articles and case studies are all shared from experience in different parts of the world, and illustrate that the poorest in society can indeed be trustworthy of credit and a most worthwhile investment. There are plenty of practical tips and ideas on how to ensure mistakes are not made. We also include tips on good management and a simple accounting system to keep accurate records – essential once sufficient resources are obtained for income generating projects to begin. 

Please find below articles from Footsteps issue 26 in html.

To download a pdf version of Footsteps issue 26 click here (914K).


  • Bible study: Income generation and co-operatives

    Income generation and co-operatives. Read 2 Thessalonians 3:6–13. The apostle Paul was deeply troubled by a report that some members of the church at Thessalonica were idle without doing any work, but were active in a wrong way, for example, by interfering in other people’s business (v 11). This created a bad influence in the community which eventually had to take on the burden of providing for such idlers (1Thess 4:2). So Paul, using himself and his friends as models, encourages the ...

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  • Case study from the Gambia

    Action Aid operate a very successful loan fund in the Gambia. The fund is not revolving, in that it has been given by supporters for relief work. So this credit scheme instead seeks to use this money imaginatively to build up communities. The objective is to build up savings within each community so that people eventually have their own capital to invest.

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  • Editorial

    This issue began as one on income generating – ideas for small businesses. However as articles began to come in, it became clear that the focus instead should be on credit schemes for the poor – essential before any income generating business can begin. The articles and case studies are all shared from experience in different parts of the world, and illustrate that the poorest in society can indeed be trustworthy of credit and a most worthwhile investment. There are plenty of practical ...

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  • HEED - Credit and Loan scheme

    by Elgin Saha. Can development goals be achieved without any credit system to help the poor begin income-generating activities? For many years this has been a difficult question for us in HEED, Bangladesh. We have discussed and deliberated. While the poor waited patiently…

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  • Home-made incubator

    In Benin recently, I came across this good idea for making an incubator for hatching chickens’, ducks’ or other poultry eggs.

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  • Letters

    Working with drug abuse. Your issue on drugs (No 23) arrived here at just the right time, as I was preparing teaching on the effects of drug-taking for my brothers living on the island of Fotoba. This is an island about 15km from the capital of Guinea with about 4,000 inhabitants. The use of drugs and alcohol is becoming commonplace among the young people there and many problems are resulting.

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  • Management of small businesses

    by Gideon Yong Njini. Management is the ability to organise and control teamwork, to direct and inspire, to create contacts and to handle problems which may arise. Management channels resources to achieve pre selected objectives.

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  • Resources

    Savings and Credit. This series of five books on issues to do with savings and credit schemes has been prepared by IRED – Development Innovations and Networks in Sri Lanka. They are aimed both at those responsible for designing savings and credit schemes and those who operate them at grassroots level. The series looks at the practical experiences of groups all around the world, sometimes including examples of form design, record-keeping details and case studies. Each book has between 30 and 60 ...

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  • Self-help finance for the poor

    by Steve Finamore. Credit schemes are becoming increasingly important. They are a very useful tool for encouraging development, but a number of things can go wrong. Even when they run smoothly, they are not the answer to every problem faced by the poor.

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  • Simple and effective Accounts

    by Andrew Maclay. I have worked as an accountant and auditor in many commercial and charitable organisations, ranging from multinational companies in London to tiny churches in Africa. I have seen many different systems for keeping accounts, both in the English-speaking and the French-speaking worlds. One thing I have noticed is that the accounting systems used are often more complicated than necessary.

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