To create sustainable solutions for improving the livelihoods of the impoverished, the FAHU Foundation has supported projects in Latin America, Asia, and Africa. Our focus has been on providing access to informal financial markets via the savings group model, to marginalized groups in an effort to reduce the barriers, stigma, and prejudice that keep people living in poverty. Listed below are the projects the Foundation is currently supporting as well as those it has previously supported.
Savings Group E-learning Project Grant of USD 90,000 to DanChurchAid (DCA) to develop a self-directed gamifed on-demand e-learning training course on the Village Savings and Loan methodology.
Savings for Change Reproductive Health Project Grant of USD 100,000 to Oxfam America (Oxfam America) to advance an innovative platform and scalable model for delivering family planning services to Mali Savings for Change group members.
Savings Groups Information Exchange Grant of USD 87.000 to Danish Forum for Microfinance (Danish Forum for Microfinance). The SAVIX data system developed by Hugh Allen and his VSL Associates, allows access for savings groups across the world, to collect reliable data on performance with only a small investment in training during implementation. Utilizing the tools of the SAVIX to collect and compare data, this project aims at empowering savings groups to improve performance significantly, and in collaboration with Danish facilitating organisations construct a credible performance database of savings groups, that can further spur investment in the sector.
University of Adger PhD Study Grant of USD 40,000 to the Strømme Foundation (Strømme Foundation) to support data collection in Uganda for a PhD study analyzing the impact external financial linkages have on savings groups.