Posted on July 29, 2017
2nd training hike in the Rockies! This time Julie, Maria, Joshua and Jacob joined me as we hiked from Kite Lake up to Lake Emma. Just stunning beauty. Thanks be to God.
With this update I want to share about a simple, yet powerful concept: Community Savings Groups.
A series of six local workshops were held for Family Preservation Program families last month designed to teach the importance and fruitfulness of saving money. With a goal of keeping families together for the long-term, the disciplined task of pooling income allows community savings group members to work towards future goals like small business ownership and financial independence.
Workshops were held on the grounds of ACE’s partner churches, utilizing the same places families come to for their monthly Nutrition and Nurture distributions. As nearly 300 adults were trained by local staff about the requirements and necessary steps of fully participating in the Community Savings Group program, the excitement continued to grow all week.
FPP participants were more than eager to learn about this life changing opportunity, enthusiastically asking questions and interacting with their workshop leaders during class and while enjoying lunch together.
Supporting the savings group concept themselves, two Community Savings Groups have been started among the local ACE staff. They have already noticed a positive difference for themselves and their families, and can share first hand with FPP participants the difference saving in this way can make in their futures.
From the income of these community savings groups, participants shared their hopes of purchasing new farm implements like hoes, wheelbarrows and ploughs. In addition, members would use their community savings to buy cattle, goats, pigs and chicken, helping to broaden their farming capabilities.