Digital Savings Group (DSG) Toolkit: Data Privacy and Security
This tool is designed to help DSG implementers ask technology providers the right questions about their data security policies and protocols, with the goal of protecting the data privacy rights of DSG members. Digital solution providers (e.g., fintech companies) are de facto custodians of group and member data, which can be prone to hacking, manipulation […]
Savings-led Digital Finance: The Dawn of a New Era?
This blog explores “savings-led” digital finance apps, such as DreamSave, that use clients' savings capacity as a proxy for the ability to repay a loan, opening up a potential new era for digital finance.
Digital Savings Groups In Uganda – A Learning Brief
This learning brief offers critical reflections on whether a savings group in the Uganda refugee response is ready to go digital, on the objectives for pursuing digitisation/digitalisation, and on key challenges in making the shift. The brief was developed by Uganda Learning, Evidence, Accountability, and Research Network (U-Learn) in collaboration with the Uganda Inter-Agency Cash […]
Digital Incrementalism and Savings Groups: Lessons from the History of Digital Microfinance
In the social sector, much ink is spilled on disruptive change. The social, economic, and environmental challenges of our world are indeed substantial and often daunting, so the search for – and allure of – disruptive solutions is understandable. But the reality is that most sustainable progress is incremental. Incremental Innovation As opposed to disruptive […]
Digital Savings Groups: Technology Solutions Overview
This tool features leading digital savings group (DSG) solutions in a clear and succinct format, accessible to diverse stakeholders, including international and local non-governmental organizations, financial service providers, technology providers, funders, investors, and governments. The directory includes information about the solutions’ functionalities, costs, requirements, reach, and institutions behind them as well as links to supporting […]
Top 10 Tips for Running a Great Digital Savings Group Pilot
This article shares 10 tips from DreamStart Labs’ experience running many DSG pilots with partners around the world.
Piloting the Digitizing of Savings Groups at Mercy Corps
In this short interview, Tamrat Abera explains how Mercy Corps is piloting an app from Jamii.one to digitize the record-keeping in savings groups in Ethiopia. He explains the pilot objectives, the current status of the pilot, key challenges and lessons, and plans for the next 12 months. This is the first in a short series […]
Unleashing the Potential of Digital Saving Groups to Build Financial Resilience in Rwanda
This case study examines two digital savings group solutions – Mvend and SAVE – promoted within UNCDF’s REFAD program in Rwanda. These solutions were adopted by REFAD partners to expand financial inclusion and improve resilience in refugee camps and host communities in Rwanda. The case study discusses some of the successes, enablers, and impediments on […]
Digitizing Savings Groups: Rethinking Financial Inclusion for the Poor
This white paper, from hiveonline, explores the case for digitizing savings groups. The paper examines the challenges of reaching remote, poor populations and provides a brief introduction to the history, scope, and basic elements of the Village Savings and Loan Association (VSLA) methodology. The paper notes that digitization of savings groups can result in the […]