Monday, September 30, 2024
Enhancing Social Cohesion And Household Resilience Through Savings For Transformation (S4T) Groups In Kenya
In 2021, 79.2% of Kenya’s adult population had bank accounts, a significant increase from 42.34% in 2011. However, rural communities without access to banking services still struggle to save for basic needs. To address this, World Vision's Central Rift Farmer Managed Natural Regeneration Scale Up Project (CRIFSUP), funded by ANCP, uses the Savings for Transformation (S4T) model to build household resilience. Isaac Chelal from Nakuru County exemplifies success, starting a watermelon business through his involvement with S4T and the Farmer Managed Natural Regeneration (FMNR) approach.