savings club
What are we doing?
We set up savings clubs in artisanal fishing communities on the island of Guanaja. These clubs bring local people together to collectively save and provide small loans using those savings. Activities are conducted in nine-month or one-year cycles, after which accumulated savings and loan proceeds are distributed among members.
Why do we do it?
The primary purpose of savings clubs is to provide simple savings and loan services in communities that lack access to formal financial services. For small-scale fishers and their associates, who face difficulties in accessing loans, this initiative offers a reliable source of financing. In addition, by promoting savings and collaboration, savings clubs foster a sense of responsibility and ownership over the local environment. This can lead to a greater commitment to long-term conservation and the adoption of sustainable practices in the management of natural resources.
How you can help?
You can contribute to our conservation activities in several ways:
Volunteer
Volunteer your time to provide training in financial literacy and sustainable savings practices to club members. Share your expertise in financial management and community development to strengthen the skills and capacities of the people involved in these projects.
Education
Encourages continuing education on financial and environmental issues within communities, promoting the importance of responsible saving, investing in sustainable projects, and conserving natural resources for future generations.
Participation
Get directly involved in savings club activities by attending meetings, assisting in fund management, and helping to identify investment opportunities that benefit local communities and the environment.
Awareness
Disseminate information about savings clubs and their positive impact on social media and the local community. It organizes awareness-raising events to highlight the importance of collective savings and its role in economic empowerment and environmental conservation in Guanaja.
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Donate
Contributes financially to existing savings clubs in Guanaja through donations that allow them to strengthen their lending capacity and expand their reach within local communities.
Donate
Ways to Give
Join us in protecting the stunning marine and coastal biodiversity of the Bay Islands in Honduras by supporting our conservation efforts and safeguarding the future of our oceans for generations to come.
