Scaling up the saving for change financing mechanism in Mali. Activity report

This report examines the scaling up of the Saving for Change (SfC) financing mechanism in Mali under the Accelerating Impacts of CGIAR Climate Research for Africa (AICCRA) project. The SfC mechanism empowers rural women by enhancing their access to finance and promoting the adoption of Climate-Smart...

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Autores principales: Guindo, Samuel, Traoré, Ousmane, Akpoffo, Marius, Dossou-Yovo E.R
Formato: Informe técnico
Lenguaje:Inglés
Publicado: 2024
Materias:
Acceso en línea:https://hdl.handle.net/10568/169098
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author Guindo, Samuel
Traoré, Ousmane
Akpoffo, Marius
Dossou-Yovo E.R
author_browse Akpoffo, Marius
Dossou-Yovo E.R
Guindo, Samuel
Traoré, Ousmane
author_facet Guindo, Samuel
Traoré, Ousmane
Akpoffo, Marius
Dossou-Yovo E.R
author_sort Guindo, Samuel
collection Repository of Agricultural Research Outputs (CGSpace)
description This report examines the scaling up of the Saving for Change (SfC) financing mechanism in Mali under the Accelerating Impacts of CGIAR Climate Research for Africa (AICCRA) project. The SfC mechanism empowers rural women by enhancing their access to finance and promoting the adoption of Climate-Smart Agriculture (CSA) technologies. By organizing women into savings clubs, the initiative has improved financial inclusion, enabling participants to pool savings, access loans, and invest in income-generating activities. In 2024, 15,100 women benefited from SfC leading to increased household income (USD 505/ha), net profit (USD 393/ha), and improved food consumption scores, reducing food insecurity among beneficiaries. This report highlights the critical role of SfC in empowering women, addressing financial and agricultural challenges, and fostering climate resilience. Key actionable recommendations are presented to guide the further expansion and institutionalization of the SfC mechanism in rural Mali.
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spelling CGSpace1690982025-11-11T17:03:52Z Scaling up the saving for change financing mechanism in Mali. Activity report Guindo, Samuel Traoré, Ousmane Akpoffo, Marius Dossou-Yovo E.R climate-smart agriculture adoption barriers access to finance This report examines the scaling up of the Saving for Change (SfC) financing mechanism in Mali under the Accelerating Impacts of CGIAR Climate Research for Africa (AICCRA) project. The SfC mechanism empowers rural women by enhancing their access to finance and promoting the adoption of Climate-Smart Agriculture (CSA) technologies. By organizing women into savings clubs, the initiative has improved financial inclusion, enabling participants to pool savings, access loans, and invest in income-generating activities. In 2024, 15,100 women benefited from SfC leading to increased household income (USD 505/ha), net profit (USD 393/ha), and improved food consumption scores, reducing food insecurity among beneficiaries. This report highlights the critical role of SfC in empowering women, addressing financial and agricultural challenges, and fostering climate resilience. Key actionable recommendations are presented to guide the further expansion and institutionalization of the SfC mechanism in rural Mali. 2024-12 2025-01-15T13:56:31Z 2025-01-15T13:56:31Z Report https://hdl.handle.net/10568/169098 en Open Access application/pdf Guindo, S., Traoré, O., Akpoffo, M., Dossou-Yovo, E. R. 2024. Scaling up the saving for change financing mechanism in Mali. Activity report. AICCRA Report. Accelerating Impacts of CGIAR Climate Research for Africa (AICCRA).
spellingShingle climate-smart agriculture
adoption
barriers
access to finance
Guindo, Samuel
Traoré, Ousmane
Akpoffo, Marius
Dossou-Yovo E.R
Scaling up the saving for change financing mechanism in Mali. Activity report
title Scaling up the saving for change financing mechanism in Mali. Activity report
title_full Scaling up the saving for change financing mechanism in Mali. Activity report
title_fullStr Scaling up the saving for change financing mechanism in Mali. Activity report
title_full_unstemmed Scaling up the saving for change financing mechanism in Mali. Activity report
title_short Scaling up the saving for change financing mechanism in Mali. Activity report
title_sort scaling up the saving for change financing mechanism in mali activity report
topic climate-smart agriculture
adoption
barriers
access to finance
url https://hdl.handle.net/10568/169098
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