Savings Groups and Poverty Alleviation Among Rural Communities in Zimbabwe During COVID-19

Linnet Zimusi () and Givemore Moyo
Additional contact information
Linnet Zimusi: Midlands State University
Givemore Moyo: Midlands State University

Chapter Chapter 14 in Fostering Long-Term Sustainable Development in Africa, 2024, pp 291-308 from Springer

Abstract: Abstract The aim of the study was to evaluate the role of savings groups in poverty alleviation in rural communities of Zimbabwe during COVID-19, using the Umzingwane district as a case study. An exploratory research design was adopted with the goal of using a qualitative research approach. Data was gathered using interviews and the interviews were administered to the savings group members and savings group committee members drawn for wards 3, 5, and 15 of the Umzingwane district. A purposive sampling technique was adopted. The study revealed that owing to the participation of people in savings groups, savings group members were able to acquire assets such as livestock and household assets. The study found that savings groups have enabled their members to establish income-generating projects even during COVID-19 which are crucial in promoting the ability of members to repay loans, make regular savings, and have access to adequate food for their families. The study revealed that savings group members have established nutritional gardens as a result of their participation, which have improved their food security and access to extra income. The study recommended that non-governmental organizations (NGOs) and the government should strengthen savings groups through the provision of regular training and financial resources and encourage men in the communities to participate in savings group activities. The savings group members should diversify their income sources so as to eliminate poverty.

Keywords: Business ventures; Financial inclusion; Funding; Food; Health; Social networks (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-61321-0_14

Ordering information: This item can be ordered from
http://www.springer.com/9783031613210

DOI: 10.1007/978-3-031-61321-0_14

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().