In this edition we talk about the importance of savings schemes in slums, and the why slum dwellers should be involved in decisions around design and affordability of upgrading projects. This is a part of the “Finance Plus” approach of SUF – it isn’t just about money or what the banks need; equally important is the involvement of communities and local governments and the continued focus on improvements for low-income households.
The Sri Lanka article shows the difference one dynamic woman can make, and highlights the benefits for thousands of women through the Woman’s Bank in Sri Lanka, a major SUF partner in slum upgrading. Issues of land management in Ghana are explained – critical factors in any slum upgrading project, and often the most complex. The article from Indonesia reinforces the importance of community involvement in slum upgrading – advocating for community-led efforts. A story about a woman in Tanzania who used organized savings to improve her life is very inspiring, and a good example of how SUF can help real people. Enjoy.