POWER Africa Year 1 

After our first year of implementation this is where we're at:

An increase in average savings per member across all countries from $1.27 in Q2 to $4.80 in Q4

Burundi

Average savings per member: $3.50

Average loan size per member: $6.80

Côte d'Ivoire

Average savings per member: $3.80

Average loan size per member: $19.40

Rwanda

Average savings per member: $27.80

74% of VSLA groups are linked to SACCOs 

3.4% of VSLA groups are linked to banks

6.9% of VSLA groups are linked to MFIs

11.7% of VSLA groups aren't linked at all

Ethiopia

Average savings per member: $7.20

Average loan size per member: $13.00

The set up and training of delivery models through community facilitators, village agents and field workers has allowed us to implement financial education and literacy training to groups

POWER Africa formed 5,316 VSLA groups in Year 1 with total savings of $1,087,654

Altogether, POWER reached 110,315 VSLA members including 94,487 women and 27,607 adolescent girls

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