In this video interview, Lalaine Naquita, the Savings and Credit Association program specialist for HOPE’s partner CCT, talks about how the very poor in the Philippines are finding a way to save.
Lalaine’s team of 35 savings facilitators targets nontraditional clientele, including street dwellers, indigenous populations, fishermen, and even children. Some wouldn’t think these individuals could save—sometimes they don’t think they can—but the importance of saving is nowhere more evident than among these populations, where a savings account can provide a vital safety net. Already the program has grown to reach over 2,600 savers throughout the country. Lalaine’s goals for the program are ambitious, to say the least: “My goal is that all of the SCA partners would know God as their Savior and learn why savings is so important,” she says.