Many Africans Count on Community Savings Groups

by Cynthia English

WASHINGTON, D.C. -- As microfinancing continues to grow in popularity as a method of financially empowering the poor, Gallup Polls in sub-Saharan Africa reveal that a sizable minority in the region depend to some extent on community savings groups to make a living. Across 31 countries surveyed, a median of 20% of respondents say they depend "a little" on community savings programs, and a median of 5% say they depend "a lot" on these programs, representing more than 80 million people in sub-Saharan Africa.

Read more of this interesting poll from the follwing site:

Source - http://www.gallup.com/poll/107650/Many-Africans-Count-Community-Savings-Groups.aspx