When they witness the entrepreneurial activities and savings of their children, many adults approach us for similar opportunities.

In Colombia, the poor have little access to financial services, so they have difficulty both saving and getting loans. Informal money lenders offering high interest rates have led to high levels of indebtedness. Savings Groups offer a proven ability to both mobilize savings and create a culture of savings in low-income households.

changing their culture

It is Never too late for greater things

Financial literacy is crucial for families to be able to increase their well-being. We believe that in order to achieve long-lasting change and progress it's important for the entire family unit to participate in these practices. When the whole family buys in, they can set and achieve shared financial goals, support each other through financial challenges, and create a culture of financial responsibility that can have a positive impact for generations to come.

Families Saving Together

cHECK OUT THE ANNUAL SAVINGS PROGRESS OF THE gems groups HERE