Financial Inclusion (VSLA)
Financial Inclusion (VSLA)
Rights Action Ghana promotes financial inclusion by empowering women and youth to access savings, credit, and business capital through Village Savings and Loans Associations (VSLAs).
Overview
Through the Village Savings and Loans Association (VSLA) model, RAG enables rural communities to strengthen their financial capacity and independence. In 2024, new VSLA groups were formed and trained to promote savings, internal lending, and collective investment among community members. The initiative enhances economic resilience and supports micro-entrepreneurship, particularly among women who have limited access to formal financial services.
What We Did
- Established and trained new VSLA groups in savings, record-keeping, and loan management.
- Integrated entrepreneurship and financial literacy training into VSLA meetings.
- Supported women-led groups to invest savings into small enterprises.
- Promoted financial discipline and group governance for long-term sustainability.
Our Impact in Numbers
20+
VSLA groups formed
300+
Members actively saving and accessing credit
5
Communities engaged across the Northern Region
Project Implemented
Village Savings and Loans Scheme – implemented as part of the YES Project Phase II with support from the Vibrant Village Foundation (VVF).
Testimonial
“Before, I couldn’t save any money. Now, through our group, I have savings and can borrow to support my business.”
– Hajara, VSLA Member, Sayoo Community
