RTV takes a behavior-change approach to financial literacy, empowering households to achieve further progress through their everyday decision making.
Our financial literacy trainings provide guidance on how to save, invest, and help individuals set up plans for their financial and household goals. RTV requires Village Savings and Loan Associations (VSLAs) to be set up to ensure that each community can continue to maintain initiatives after they graduate from the RTV program. It also encourages communities to work together and achieve their collective goals which have a main purpose of generating income and building assets.
Through VSLAs, our 2016 cohort introduced 34 self-initiated projects to improve their communities including:
- the construction of 19 kilometres of community roads to connect villages
- the purchase of 234 animals
- the investment of 436 kilograms of beans
- the purchase of 87 hoes
- the purchase of 288 dishware, including 55 plates and spoons for a women’s group starting a catering business
- 65 plastic rain harvesting tanks.
Make a donation today to support financial literacy trainings in more last-mile communities.