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ASCA

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India Focus Note 21: Village Financial Systems in Northeast India

Author: 
Abhijit Sharma, Brett Hudson Mathews

Villagers in Lower Assam are pioneers on the frontiers of informal finance, according to the results of recent field work conducted by the Indian Institute of Bank Management. This note provides an overview of the village financial systems in Northeast India, highlighting the flexibility and the multiple needs met by these Accumulating Savings and Credit Associations (ASCA).

Innovative Approaches to Delivering Microfinance Services: The Managed ASCA Model in Kenya

Author: 
Nthenya Mule, Susan Johnson, Robert Hickson & Wambui Mwangi

Examines the managed ASCAs operating in Central Province of Kenya. These ASCAs run on the basis of their own members’ savings as capital and pay a fee for management services provided by an MFI. The study examines the strengths and weaknesses of this alternative approach to supporting financial services for the poor.

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