Since 2015 we have been working with Self Help Groups in 30 villages across Myanmar, supporting them to develop their own village savings bank through our Credit Union Development (CUD) Project. The impact has produced life-changing results for the village women, men, children and their community.
Our Myanmar Country Manager, KZ (real name Kyaw Zin Myo), thinks there are many ways to alleviate poverty. But KZ believes that our CUD Project “is the best way because it provides affordable and accessible financial services tailored for the villager.”
Villager and member, Daw Aye Pone (pictured above), explains;
“Now I will keep saving in the Self Help Group so that my family
will not have to struggle, and so they don’t need to worry about money.”
Another member, Daw Than Than Cho, shares some of the benefits she experiences;
“By having the Self-Help Group in our village,
there is no need to leave the village to save money. It is also good for creating business in our village, and for our children’s education.”
We will soon be releasing a new video filmed in Myanmar, sharing some of the personal stories directly from the villagers themselves!