DRN Vol. 39 No.3
'Reexamine SHS Programs Employment and Entrepreneurial Objectives'
Regulatory Impact Assessment Adoption Determinants: A Diagnostic Framework
Exploring Responses to the Employment Impact of Excise Tax Reform: The Case of the Philippine Tobacco Industry
Mapping Out Employment Opportunities in the Cultural Heritage Sector A Strategic Framework

PIDS WB 2021-0905
Annual Public Policy Conference Webinar 4: Robust and Healthy Workforce and Closing Program
PIDS WB 2021-0904
Annual Public Policy Conference Webinar 3: Green And Inclusive Recovery
PIDS WB 2021-0903
Annual Public Policy Conference Webinar 2: Ethical Business
PIDS WB 2021-0902
Opening Program and Annual Public Policy Conference Webinar 1: Resetting Capitalism
Publication Detail
MB 2003-01: Going to the Barricades for Microsavings Mobilization: A View of the Real Costs from the Trenches

This paper discusses the feasibility of offering microsavings products by microfinance institutions. The author quotes from a preliminary investigation of the savings structure of 85 credit unions in Guatemala, Bolivia, Ecuador, Romania and the Philippines in 2001 and states that of the 2.4 million savers, 94 percent of had a savings balance of only US$ 33, way below the US$ 500 figure used by many researchers. The author opines that: * The feasibility of microsavings mobilization rests on two fundamental variables: operating costs and savings volume. * An indisputable linkage exists between operating efficiency and the economies of scale of volume. * The only way microsavings services can be offered in a cost-effective way is by capturing the needed volume from other "wealthier" niches of the marketplace.

PinoyME Foundation
Authors Keywords
Richardson, David C.; microfinance; savings;
Download PDF Number of Downloads
Published in 2003 and available in the Microbanking Bulletin or Downloaded 308 times since November 25, 2011
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. Thank you.

To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display)
If Prefer to self-describe, please specify:
Level of Education:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.