The Power of the box- VSLA success story

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To many it’s just a box but for Nyamal and many other women in Koch and South Sudan, it holds the key to their economic success and empowerment. “I feel really overjoyed to have benefited from the first cycle. This is unbelievable to have received 40,000 SSP worth 100 USD of my savings just in the first circle.” says a mesmerized 38-year-old Nyamal.

This is a key milestone for Nyamal. With her proceeds, she was able to buy for herself and children a cow. Her success attracted two more women to join the savings group which filled the gap that was earlier created by the former group members of the first cycle.

With the VSLA saving methodology introduced by CARE International, Nyamal is a testament to the change in lifestyle of participants. “If it hadn’t been for this savings group, I would have extravagantly squandered my dividends daily without putting it into proper use. When I bought the cow, this motivated my neighbors. They recently asked me to convince the other VSLA group members to allow them join in the new cycle.” says Nyamal about the power of savings and its multiplication effect.

Nyamal is among the participants benefiting from the CARE project that is aimed at building resilience for better livelihoods through village savings and loans associations to enhance economic empowerment of women. “I am positive that the cow I bought will produce milk and the number will multiply, I will continue to save unceasingly.”

Nyamal in her tea and coffee shop


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