Community finance

Sometimes just having a safe place to save, or access to a small loan, can help a family work its way out of poverty. But many poor people can't go to banks and credit unions for that kind of help. Often, these services aren't available, especially in rural areas—and where they are available, poor people may not qualify. Oxfam America's innovative, fast-growing community finance program, Saving for Change, provides much-needed savings and lending services to those who have been left behind.

Through our Saving for Change program, Oxfam helps poor people in Mali, Senegal, El Salvador, Guatemala and Cambodia improve their livelihoods and build a better future by increasing their access to financial services.

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Right now, forty percent of the world’s population – more than 2.5 billion people – live in poverty, struggling to survive on less than $2 per day. The persistence of global poverty poses a challenge to the security, prosperity and values of the United States. Cuts to the world's most vulnerable communities have real impacts. Tell Congress we won't stand by while they make cuts that will cost lives.
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Sowing seeds of self-reliance in Ethiopia
With an initial investment from Oxfam, community-owned grain banks allow Ethiopians to feed the World Food Programme.
Exchanging tea for respect
A savings group in Senegal breeds entrepreneurs and independence on just a few cents a week.
Oxfam Impact July 2009
A quarter million now Saving for Change
Oxfam Impact February 2007
Small Investments, Big Changes
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Saving for Change
Oxfam America has pioneered an alternative microfinance model called Saving for Change, which self-replicates on a large scale and at a low cost, serving those who have been left behind.
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Top 10 things you need to know about Oxfam

Top 10 things you need to know about Oxfam

Here are the most important facts about Oxfam America: what we do, how we do it, and how you can get involved in our mission.

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Savings groups: Building a movement

Savings groups: Building a movement

Experts to convene at Washington, DC, conference to map future of savings groups

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Saving for Change now exceeds 500,000 members

Saving for Change now exceeds 500,000 members

Mali continues to lead rapid growth of innovative, savings-based microfinance program.

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Saving for Change members celebrate International Women’s Day

Saving for Change members celebrate International Women’s Day

In El Salvador, opportunities to save and invest in small businesses come with training and reflection on food.

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A source of income, funded by savings

A source of income, funded by savings

Women in Central America are leading efforts to reduce poverty, the overall purpose of the Millennium Development Goals, through participation in Oxfam America’s Saving for Change Program.

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Sewing for Change

Sewing for Change

Women from small savings groups win their share of a national bid.

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Instead of tea: Respect

Instead of tea: Respect

A savings group in Senegal breeds entrepreneurs and independence on just a few cents a week.

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Yem Neang spreads the word on a new way to grow rice

Yem Neang spreads the word on a new way to grow rice

Cambodian farmer Yem Neang employs a new method called System of Rice Intensification to increase her yield while cutting down on her production costs.

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Saving for Change helps communities in Cambodia address financial difficulty

Saving for Change helps communities in Cambodia address financial difficulty

For Sean Ing, joining Saving for Change has allowed her to manage large expenses that would have cost her dearly if she had visited a money lender.

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Women in Mali lead Saving for Change

Women in Mali lead Saving for Change

An innovative savings and loan program is helping people work their own way out of extreme poverty. Women in Mali are leading the way as the program expands to other countries and continents.

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Microinsurance builds resilience after tsunami

Microinsurance builds resilience after tsunami

Fishing families in Andhra Pradesh, India are relying on microinsurance to keep them out of debt to money lenders and help them save a little of what they earn.

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Food on the table and savings on hand

Food on the table and savings on hand

An innovative agriculture technique is producing 50-150 percent more rice and increasing the incomes of more than 80,000 people.

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Saving for Change reaches 100,000 members in West Africa

Saving for Change reaches 100,000 members in West Africa

Innovative microfinance program continues to attract new participants in Mali, Senegal, and Burkina Faso.

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Saving for Change reaches 100,000 members

Saving for Change reaches 100,000 members

Since the program's launch in April 2005, more than 100,000 poor women and men in Mali, Senegal, Burkina Faso, and Cambodia have joined savings and lending groups.

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Numbers don't lie

Numbers don't lie

Early success of innovative finance program impresses experts in Mali.

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Spreading the wealth

Spreading the wealth

In Mali, women help others start their own saving and loan groups.

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Gradual change in the status of women

Gradual change in the status of women

Saving for Change doesn't just help women earn money—it is a means to change their role in the family and the village.

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Fighting malaria is fighting poverty

Fighting malaria is fighting poverty

Organizing women in Saving for Change groups helps them to reduce the threat of malaria.

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Small investments, big changes

Small investments, big changes

Oxfam America's Saving for Change program in Mali is helping more than 24,000 women save money, invest in small businesses, and become more active in their communities.

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Savings groups help villagers plan for the future

Savings groups help villagers plan for the future

Oxfam is teaching the world's poorest people—people who cannot read or write—to save money through active participation.

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