Lead savings and Loan association[LsLa]
Empowering Communities through Lead Savings and Loan Associations (LSLAs) : A Proven Poverty Alleviation Strategy At Lead Development Foundation, we recognize the multifaceted nature of poverty and its devastating impact on individuals, families, and communities. To address this, we adopted the Village Savings and Loan Association (VSLA) module and tailored it to meet the unique financial challenges faced by many especially women and the youth, resulting in our innovative Lead Savings and Loan Association (LSLA) program. Results Drive: Over the past four years, our LSLA module has yielded remarkable outcomes, transforming the lives of our members in profound ways. Economic Empowerment 1. Increased Access to Financial Services: LSLAs has provided a secure space for savings, borrowing, and financial transactions, bridging the gap in financial inclusion. 2. Improved Entrepreneurship: Members are able to access loans to start or expand...
