From Savings Mobilisation to Micro-Finance: A Historical Perspective on the Zimbabwe Savings Development Movement

Brian Raftopoulos
Associate Professor
Institute of Development Studies
University of Zimbabwe

Jean-Paul Lacoste
Ph. D Candidate
Institute of Development Studies
University of Geneva

Paper presented at the International Conference on
“Livelihood, Savings and Debts in a Changing World:
Developing Sociological and Anthropological Perspectives”

14th - 16th May 2001
Wageningen, The Netherlands

   

This paper was prepared for the F.A.O The Authors wish to acknowledge the cooperation of the staff of S.H.D.F. who provided information for this paper, as well as members of the donor community in Zimbabwe who spoke to us about their relationship with the S.H.D.F. However, the views expressed in this paper do not necessarily reflect those of the organisations consulted

Table of Contents

Introduction

Part One: Origins and Development of the SHDF

1.1 The Beginning of the Savings Development Movement.
1.2 The Post-Independence Period.
1.3 Background to the Policy Shift from Savings to Micro-Credit.
1.4 The Structural Adjustment Programme, Donors and Micro-Finance

Part Two: Impact of the introduction of micro-credit on SHDF and on Savings Clubs

2.0 Impact of the credit programme on SHDF
2.1 Impact of the credit programme on SHDF vision and mission
2.2 Impact of the credit programme on SHDF organization
2.3 Impact of the credit programme on SHDF performance
3.0. Impact of savings mobilisation training and micro-credit on savings club members
3.1 Impact of savings mobilisation training
3.2 Impact of credit

Part three: Conclusions and Policy Recommendations

Annex 1: Profile of Savings Club Members

Annex 2: Savings Club Membership, Methodology and Organisation

Annex 3: SHDF Credit Methodology

Bibliography