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Careful
screening is required by LO and BM to ensure that target members are included and others are identified and denied membership.
LO must collect family and other general information on the members that
are interested in forming a group, and BM must verify and give final approval
before a group is formed.The informal group is the fundamental delivery mechanism for ASA credit and savings services. ASA groups average 20-30 female members that gather weekly for development education lessons, receive and repay loans, and deposit savings. Ultimately, ASA's 'Self-reliant Development Model' is only successful if
its beneficiaries become self-reliant themselves. To achieve this, a beneficiary
needs to continuously invest and re-invest in small businesses for 10 years
or more in order to accumulate adequate funds and participate in group meetings
in order to firmly establish a sense of self-worth. Keeping in mind the
long-term impact of ASA's development initiative, the organization concentrates
on bringing changes in the behavioral pattern of the beneficiaries. | ||
| target members | informal group | two regions | |