Springboks Savings Group affords its 13 members financial independence

Under the Maphalaleni constituency, a group of 13 young women's lives changed dramatically, thanks to the “Halting The Spread Of HIV/AIDS And Reversing Its Impact In The Swazi Society” Project. As part of the intervention, implemented by World Vision Eswatini, with funding from the Coordinating Assembly of NGOs (CANGO), young girls participated In “WORTH” sessions that taught them the importance of saving money, a concept that was new and exciting to them. Anxious to put their lessons into practice, the girls decided to form their own savings group, which they proudly named "Springboks."

Working together, the Springboks started saving diligently. They encouraged one another, shared tips on managing their finances, and kept each other motivated. Over time, their hard work paid off asthey managed to save over E8,000 (approx. $434). This achievement is a symbol of their collective effort and newfound financial freedom, which also builds their resilience to HIV.

Among the determined Springboks, two girls stood out for their entrepreneurial spirit. They used their savings to start their own businesses, driven by the desire to create a better future for their families.

One of the girls, Nomfundo (24), has launched a poultry farming business. She provides fresh chickens to the community, making a profit of E1,600 (about $86) every month. Her business does not only give her a steady income, but also helps her ensure that her grandmother and younger sister living with a disability, as well as her son have enough basic needs.

“WORTH taught me that I need to be financially independent as a young woman. I chose poultry farming because it did not require much capital, yet it profits enough money for my basic needs. So basically, I’m a business woman with a fat savings balance at Springboks!”, she said, chuckling.

Ncobile, also 24 years old, started an MTN mobile money service business. In their community, access to banking is limited, and her business fills a crucial gap. By offering convenient money transfer services, she makes a significant impact on the local economy and earns a stable income for herself, attaining profits over E1,000 (around $54) per month???. Her service is a game-changer for the locals, making financial transactions easier and more accessible.

Both businesses are thriving, allowing these young entrepreneurs to provide for their children's basic needs. With their earnings, they can afford better food, healthcare, and education, ensuring that their children have a brighter future.

The Springboks Savings Group prove just how financial education and community support can transform lives. These young women, through their determination and teamwork, not only improved their own circumstances but also brought positive change to their community.