What Does Consumer Protection Mean for Savings Groups?
Savings Groups provide a safe place for millions of men and women to save in underserved markets across the world. As Savings Groups mature, however, they are confronted with an expanding set of risks related to money management, the safety of group funds, procedural drift, conflict between members and governance, and evolving relationships with regulatory authorities, financial service providers and private actors.
Development organizations have a moral responsibility to safeguard the interests of Savings Groups – ensuring that members have rights and the capacity to protect themselves, development and market actors act responsibly, and regulation, if required, is appropriate.
Join the expert panel for an overview of the main findings of the SEEP Network learning series on Savings Groups and consumer protection – and the implications for stakeholders.
- Moderator, David Panetta, The SEEP Network.
- Sukhwinder Arora, Arora Associates.
- marc bavois, Catholic Relief Services.