Mary Peter Luwe and "Hope" Seed Effect Savings & Loan Group members, Pagirinya Refugee Settlement.
GRA DUAT I ON & BEYON D
Fostering Sustainability Our expanded 3-cycle approach is designed to equip members to independently manage their group after graduating from their third savings cycle. Each savings cycle lasts one year and consists of weekly group meetings where members gather to study God’s word, build Christ-centered community, pool their savings, and provide interest-bearing loans to each other. At the end of the cycle, their savings and the interest earned is distributed amongst group members based upon the amount contributed. Hope Seed Effect Savings & Loan Group graduated from Seed Effect’s program and has continued to save independently. Hope Group is now in their 5th savings cycle.
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Hope Seed Effect Savings & Loan Group collectively saved the following in each cycle: • Cycle 1: $1,073
• Cycle 3: $4,179
• Cycle 2: $2,313
• Independent Cycle: $4,238
