Work

An impact study of the Village Savings and Loan Association (VSLA) in Nigeria

Year: 2019
Type: article
Abstract: Background: The VSLA is an emerging movement of savings that promotes entrepreneurship development in rural communities; it has supported the growth of small and medium enterprise in rural communities as well as helped families at risk to enhance family well-being. There are however scare empirical studies on VSLAs in Nigeria, hence impact and learning is often not in the public domain.Method: In this article, we endeavored to clarify concept and present result from a qualitative study using Focus Group Discussion (FGD) for 48 families who participated in the SOS Children’s Villages Nigeria Family strengthening from 2010-2015.Result: Overall result suggest that VSLA is a programme intervention that is successful and sustainable. Results revealed that 70% of the families in the programme attained self-reliance within the project life spanConclusion: The results are discussed in relation to entrepreneurship development and need for social workers to create awareness on VSLA in rural communities in Nigeria
Language: English
Open Access status: gold
Estimated APC paid: $250
OpenAlex ID: W2969445409
FWCI: 1.24
Cites:
Cited by: 13
Related to: 10