Community Economic & Financial Management
Strengthening Communities, One Investment at a Time
At Village Economic Empowerment (VEE), we believe that lasting change begins with economic independence. Our approach focuses on building strong, self-reliant communities by expanding financial opportunities and promoting a culture of savings and responsible borrowing.
Our Strategy: Financial Inclusion at the Grassroots
1. VILSA SACCO: A Community-Owned Financial Solution
VILSA SACCO (Village Savings and Credit Cooperative) is at the heart of our economic empowerment efforts. Through VILSA, we:
Enable regular savings among self-help group members, even with small and modest incomes.
Provide access to affordable loans, allowing members to invest in meaningful ventures such as small-scale farming, entrepreneurship, livestock rearing, and educational needs.
Promote financial literacy, teaching members about budgeting, responsible borrowing, investment strategies, and savings management.
2. Supporting Income-Generating Activities (IGAs)
Access to credit alone is not enough. That’s why we:
Train members in business skills, helping them plan and manage income-generating projects.
Support diversification of economic activities—moving beyond traditional livelihoods to embrace new opportunities in retail, services, and agriculture.
Facilitate market linkages for goods and services produced by our members.
3. Building Financial Resilience
Through VILSA SACCO, members are:
Reducing reliance on exploitative moneylenders and emergency borrowing.
Building safety nets that help families manage risks, including healthcare needs, education expenses, and unforeseen shocks.
Investing in future generations by saving for school fees, better housing, and healthcare.
