Savings Groups in Latin America and the Caribbean Series: Note 2: How Do Savings Groups Work?: Experiences from Latin America and the Caribbean

This document was written by consultant Xavier Martín for the ProSavings Program under the supervision of Andrea Reyes and Avril Perez, and the direction of Fermin Vivanco. The ProSavings Program, led by the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank, promotes the development of business strategies to offer liquid and commitment savings products and services tailored to low-income recipients of government payment programs in Latin America and the Caribbean. The ProSavings Program benefits from the expertise and financial support of the Inter-American Development Bank, Citi Foundation, the Australian Governments aid program (Australian Aid) and the International Development Research Centre (IDRC).