The project involves mobilizing and organizing savings and loans groups with the aim of achieving capital sufficiency and financial literacy.

Capacity of mobilized groups on financial literacy, record keeping, and group and team dynamics is built and enhanced. The savings accrued are loaned to the members to support their economic activities.

A unique approach is used which encourages the groups to save, manage and spend wisely and strategically. There is a general tendency by savings group to spend money on items and activities that add little or no value to their socio-economic growth and development such as overspending on non essentials like household utensils.

The low level of capital formation witnessed is as a result of the weakness of the inducement to invest and to the low propensity and capacity to save. Under such circumstances the low level of per capita income limits the size of the market demand for manufactured output, which affects the inducement to invest. The low level of investment is also caused by the lack of dynamic entrepreneurship and financial rigidity.