Savings and Solidarity in Crisis: CARE’s VSLA in Emergencies Pilots
Globally an estimated 1.1 billion women, nearly one in three, are excluded from the formal financial system. This
is particularly true in humanitarian crises. The Village Savings and Loan Association (VSLA) model with its focus on establishing low cost, self-administered informal financial services - with the ability to link to formal financial
institutions where available - has the potential to help address this gap and lay a foundation for future economic
recovery. Since 2019, CARE has been working through our VSLA in Emergencies (VSLAiE) approach to increase sectoral learning on how to successfully implement VSLAs in some of the most challenging crisis affected settings.