To continue last week's topic, Hope International is a faith-based organization operating in 17 countries to make small loans and other financial services available to under-served people groups. They also encourage savings as a way to empower people in their financial resources.
Saving money is important for anyone to learn because it provides a "lump sum of money to invest in their potential—by paying school fees, saving for the future, or investing in businesses." Both loans and savings can be that "lump sum," but you don't have to pay back savings with interest.
In Rwanda, there are 8800 "savings groups," and 79 of them are populated by children. Some of the children intend to use their savings for school expenses, even to become a doctor. Others provide for their family's future with the purchase of a pig or cow.
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