Newsletter

Summary THEME 04: AVEC or solidarity savings

 | Pro-ARIDES

Context and Justification

The AVEC approach is a pillar of Pro-ARIDES’ integrated strategy. It aims to strengthen the economic resilience of households through collective, reproducible tools that are adapted to community dynamics. In a context where access to MFIs (Microfinance Institutions) remains limited, AVECs facilitate access to microcredit.

Challenges

  • Access to microcredit
  • Financial empowerment of women and young people in rural areas
  • Diversification of income sources
  • Strengthening social cohesion