Entz et al. (2016) reviewed both academic and grey literature to determine that Self Help Groups/Savings Groups had a net positive impact on food security. Out of 18 reports reviewed, 17 showed some improvement in household food consumption, reduction in lean months, increase in meals per day, increased diversity in diet, reduction in “suffering” due to food insecurity or increases in food security indices.
Read MoreAn assessment of a Tearfund-funded HIV/Aids program in Malawi compared Village Savings and Loans (VSL) and SHG approaches. The study found that both methods enhanced savings culture, investment in businesses, asset accumulation, social interaction and increased members’ knowledge base. SHGs had a relatively higher potential for long-term economic growth and sustainability, socio-political empowerment of women on issues affecting their community, and enhanced leadership and self esteem.
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