Village Saving and Loan Association
The VSL Scale up project that TUBIBE AMAHORO implemented in partnership with Care International Rwanda from September 2013 is phasing out its activities in this November 2015. On this Wednesday 9th December 2015, a final closing event was held in Ngororero District.
On this occasion, Partners, 72 Village Agents, beneficiaries and local leaders met in Open Day to celebrate what has been achieved and how they can be capitalized on for future efforts of engaging VSL Village Agents in poverty eradicating, Community mobilization and other government programs.
Through speeches, presentations and testimonies, TUBIBE AMAHORO highlighted its commitment to local economic development and most important to promote Village Saving and Loan Groups through weekly meeting and monitoring.
It is also occasion of rewarding and certificating 72 Village Agents by MINIRENA Minister in presence of Western and District Authorities.
In the closing remarks, the Minister appreciated efforts deployed CARE and TUBIBE AMAHORO in all programs. Although Village Agents are still development agents, he promised that “the NGORORERO District is going to take advantages of experience from VSL project and make sure that more people are involved in VSL Activities”
Good work to all VSLA TEAM in TUBIBA AMAHORO
There is no group ledger or complex system of accounts at the level of the group. The closing balance of the loan fund is simply counted, announced, remembered by all members, and noted in a notebook at the end of each meeting. In order to track the individual savings and loan liabilities of its members, VSLAs use a simple passbook that is appropriate for groups with limited literacy and numeracy skills.