FY21 Global VSLA Annual Report
Even as COVID-19 shifts from being a fresh emergency to a fact of life, extreme poverty and economic inequality are rising globally, worsened by the continued impact of the pandemic and new crises. Reversing these damaging trends is critical and possible, but only if resources, power, and support are put in the hands of those who have been hit hardest. We firmly believe that VSLAs are some of the most effective vehicles for economic justice and long-term resilience because they put women in control of their own resources, incomes, and destinies. That is why at the 2021 Generation Equality Forum, CARE pledged to work with governments to strengthen leadership among women and girls in VSLAs as part of our scaling strategy and 2030 target of reaching 50 million women in countries where gender and economic disparities are highest.
Please read through the Annual Report for FY21 to get a brief overview of the impact and power of VSLAs in CARE programming.