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● projectActive · subnational · 2012
Community Savings and Credit Groups (GACC) in Colombia
Program of self-managed savings and credit groups (Village Savings and Loans model, VSL) implemented in Colombia since 2012 in seven rural departments.
illustrative atlas image · Taryn Elliott / PexelsCVCorporación Vital / IED MicrofinanzasFMFondo Multilateral de Inversiones (FOMIN), Banco Interamericano de DesarrolloLMLuz Magdalena Salas Bahamon
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01 The context
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.
02 How it works
03 What it stands on
Evidence level
Own experience
Grounded in published theory
Documented evidence elsewhere
Independently evaluated here
1 published document supports this project. No independent evaluation is in the atlas yet. Know of any? Contribute it.
The evidence 1 ›
EvidenceInclusion financiera en Colombia. Evaluación de impacto del programa Grupos de Ahorro y Crédito ComunitarioCuadernos de Economía, Universidad Nacional de Colombia, Vol. XLI No. 87, pp. 747-782 · 2022