● place

Bolívar, Boyacá, Cauca, Chocó, Cundinamarca, La Guajira y Nariño (departamentos rurales)

Colombia

1 practice

0local

1subnational

0national

0systemic

Practices in Bolívar, Boyacá, Cauca, Chocó, Cundinamarca, La Guajira y Nariño (departamentos rurales)

Community Savings and Credit Groups (GACC) in ColombiaProgram of self-managed savings and credit groups (Village Savings and Loans model, VSL) implemented in Colombia since 2012 in seven rural departments. Groups of 15-25 people, mostly women, meet every one or two weeks to save, approve internal loans and collect payments, without depending on an external microfinance institution.● Active· scale subnational