An assessment on the efficacy of delivery channels in group savings and loan scheme in Malawi

Tesis (Bachelor) , 2021 , 86 Páginas

Economía - Finanzas

Group savings and loan scheme is a time-bound accumulating savings and credit activity. It is an informal microfinance where there are no financial intermediaries. Self-selected persons in a group of at least 15 to 30 people form a group to mobilize their own savings regularly in a pool and borrow from the pool fund and repay back the borrowed funds hereby referred to as loans with interest, after a period usually between one and three months. On a date chosen by the members, usually after about a year, all the financial assets are divided among the members in proportion to each one’s savings.

This pay-out is called the “action audit”. The groups normally reform immediately and start a new cycle of savings and lending. Non-governmental organisations normally build the capacity of these groups to operate efficiently by training them on financial education especially on savings and loan management. More recently, the significance of Savings and loan services reaching financially excluded populations with low cost, easily accessible financial services has attracted interest of many stakeholders globally.

There has been a move by nongovernmental organisations to improve the outreach to reach the very poor in remote areas of Malawi and Africa as a whole. Use of different delivery channels have been employed to achieve this objective. One of the key failures of the conventional microfinance has been its limited outreach to remote areas and poorer people in them, especially in rural areas of Malawi. The study aimed at assessing the efficacy of the delivery channels in group savings and loan scheme outreach in Nkhata bay district in specific areas of Traditional Authority Mbwana.

Four aspects of savings and loan outreach were assessed: people reached with the group savings and loan, members’ satisfaction with the savings and loan services, financial performance of the groups and effects of the group savings and loan to participating members. The study used Rostow stages of economic growth and the graduation model theories. These theories were used to measure if VSL members’ economic status grow from under development to development, that is from traditional society, to pre-conditioning, to take-off, then drive to maturity and finally to maturity; and to further experiment if indeed families that are engaged in VSLAs, are to graduate from extreme poverty to sustainable livelihoods.

Inhaltsverzeichnis (Table of Contents)

• CHAPTER 1 INTRODUCTION
  • 1.0 Research Review
  • 1.1 Background of the study.
  • 1.2 Problem statement_
  • 1.3 Objective of the study.
  • 1.4 Research question
  • 1.5 Significance of the study.
  • 1.6 Structure of the Paper
• CHAPTER 2: LITERATURE REVIEW
  • 2. 0 Introduction
  • 2.1.1 General review of literature around the topic of study...
  • 2.1.2 Group savings and loan Delivery approaches._.
  • 2.1.3 Savings and the poor
  • 2.1.4 Changes by GSL&As.
  • 2.2 Theoretical Framework
  • 2.3 Empirical Review
  • 2.4 Conceptual framework.
  • 2.5 Intervening variables.
  • 2.5.1 Chapter Summary..
• CHAPTER 3: RESEARCH METHODOLOGY
  • 3.0 Introduction
  • 3.1 Research Approach
  • 3.2 Research design and strategy..
  • 3.3 Population of the study..
  • 3.4 Sample size
  • 3.5 Sampling technique
  • 3.6 Data Collection_
  • 3.7 Data Collection tools
  • 3.8 Data Analysis_
  • 3.9 Ethical considerations_
  • 3.10 Limitations of the study.
  • 3.11 Chapter Summary.…..\li>
• CHAPTER 4: SURVEY FINDINGS AND DISCUSSIONS
  • 4.0 Introduction
  • 4.1.1 Demographic information of the VSL members
  • 4.1.2 Demographic information of VSLs Delivery channels.
  • 4.1.3 Demographic information of Village Savings and Loan groups
  • 4.2 The performance of delivery channels in terms of quality of outreach (objective).
  • 4.3 The VSL scheme members' satisfaction with the service delivery approach (objective) ..
  • 4.4 The operating efficiency of the savings and Loan Schemes (objective)...
  • 4.5 The effects VSL scheme on member's well-being (objective.
  • 4.6.0 Confidence interval
  • 4.7 Findings from Secondary Data
  • 4.8 Extensive Discussion of Findings
  • 4.9 Chapter Summary...

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This research project aims to evaluate the effectiveness of delivery channels in promoting group savings and loan schemes in Malawi, specifically focusing on the Senior Chief Mbwana area in Nkhata Bay District. The study delves into the performance of these channels in terms of outreach quality, member satisfaction with service delivery, operational efficiency of the schemes, and the impact of group savings and loan schemes on members' well-being.

• Performance of delivery channels in terms of outreach quality
• Member satisfaction with service delivery approach
• Operating efficiency of the savings and loan schemes
• Effects of the group savings and loan schemes on members' well-being
• The influence of delivery channels on the overall success of the savings and loan schemes

Zusammenfassung der Kapitel (Chapter Summaries)

• Chapter 1: Introduction: This chapter provides a comprehensive overview of the research project, including its background, problem statement, objectives, research question, significance, and the structure of the paper. It sets the stage for the study, outlining the research context and goals.
• Chapter 2: Literature Review: This chapter delves into existing literature relevant to the study, providing a theoretical foundation and empirical evidence. It explores the concepts of group savings and loan schemes, their delivery approaches, and the potential impact on communities. It also examines relevant theories and previous research findings.
• Chapter 3: Research Methodology: This chapter outlines the research approach, design, strategy, and methods employed in the study. It explains the population, sample size, sampling technique, data collection methods, data analysis techniques, ethical considerations, and limitations of the study.
• Chapter 4: Survey Findings and Discussions: This chapter presents the findings from both primary and secondary data collection, providing a detailed analysis of the research results. It examines demographic information of the VSL members, delivery channels, and Village Savings and Loan groups, as well as the performance of the delivery channels, member satisfaction, and the operational efficiency of the schemes. It also includes a discussion of the impact of the schemes on members' well-being.

Schlüsselwörter (Keywords)

This research project focuses on the evaluation of group savings and loan schemes, delivery channel performance, member satisfaction, operational efficiency, and the impact on members' well-being. Key concepts include group savings and loan schemes, delivery channels, outreach quality, service delivery satisfaction, operational efficiency, member well-being, and community development in Malawi. The study provides valuable insights into the role of delivery channels in promoting sustainable development within rural communities.

• Curso: BSc in Community Development
• Autor: Jericho Nyirenda (Autor)
• Año de publicación: 2021
• Páginas: 86
• No. de catálogo: V1341850
• ISBN (PDF): 9783346851697
• ISBN (Libro): 9783346851703
• Idioma: Inglés
• Etiqueta: Community, village Bank, Shares, Repayment, Delivery Channel, Sustainability, Social Fund, empowerment, Implementation, IGA