of 15
8/17/2019 CMSC Delivery
1/15
Community-managedCommunity-managedsavings and creditsavings and credit
associations associations
CoMSCAs: How they workCoMSCAs: How they work
and the training system and the training system
8/17/2019 CMSC Delivery
2/15
How does A oMS A Work
ow does A oMS A Work
– The K it
he K it
8/17/2019 CMSC Delivery
3/15
How does A oMS A
ow does A oMS A
Work –
ork –
Starting Baances
tarting Ba ances
8/17/2019 CMSC Delivery
4/15
How does A oMS A
ow does A oMS A
Work –
ork –
Share Savings
hare Savings
8/17/2019 CMSC Delivery
5/15
How does A oMS A
ow does A oMS A
Work –
ork –
!oans
oans
8/17/2019 CMSC Delivery
6/15
How does A oMS A
ow does A oMS A
Work –
ork – "nding Baances
nding Baances
8/17/2019 CMSC Delivery
7/15
How does A oMS A
ow does A oMS A
Work
ork
#o
o
!edgers$ $
edgers$ $
8/17/2019 CMSC Delivery
8/15
Th e oMS A %eivery
he oMS A %eivery
System
ystem
• PreparatoryPreparatory
PhasePhase
• Training andTraining and 3- 3-
Stage Follow- Stage Follow-
up Phaseup Phase
• Graduation/Graduation/
Action Audit Action Audit
8/17/2019 CMSC Delivery
9/15
&re'aratory
re'aratory
( - ) Weeks ( - ) Weeks
•Orientation of Community eaders andOrientation of Community eaders and Administration Officials Administration Officials
• !ntroduction of Co"SCA to the!ntroduction of Co"SCA to the
CommunityCommunity
• Preliminary "eeting with ClusteredPreliminary "eeting with Clustered
Groups of Potential ParticipantsGroups of Potential Participants
8/17/2019 CMSC Delivery
10/15
Training
raining * Sessions in ( year * Sessions in ( year
• Groups# leadership $Groups# leadership $
electionselections• Social fund# sa%ings $ creditSocial fund# sa%ings $ credit
policies policies
• Go%ernance/ConstitutionGo%ernance/Constitution
• &ecord-'eeping and meeting&ecord-'eeping and meeting
procedures procedures• First share-purchase/sa%ingsFirst share-purchase/sa%ings
()y end of wee' *+()y end of wee' *+
• First loan dis)ursementFirst loan dis)ursement (wee'(wee',+,+
• First loan repaymentFirst loan repayment (wee'(wee'.+.+
• Optional daily slot sa%ingsOptional daily slot sa%ings(wee' +(wee' +
• Share-out/action-auditShare-out/action-audit (end of(end of
cycle+cycle+
8/17/2019 CMSC Delivery
11/15
&hases ( – ):
hases ( – ):
Su'ervision
u'ervision
+,-. Weeks+,-. Weeks/a''ro0imatey1 /a''ro0imatey1
•!ntensi%e!ntensi%e* wee's* wee's
• 0e%elopment0e%elopment1 wee's1 wee's
• "aturity2 Action-audit"aturity2 Action-auditand graduationand graduation
1 wee's1 wee's
8/17/2019 CMSC Delivery
12/15
Moving to Sca e and
oving to Scae and
Kee'ing it hea' –
ee'ing it hea' –
"voution
voution
(
%irect % eivery
irect %eivery
(2*.-.. staff/mem)er(2*.-.. staff/mem)erratio+ratio+
2
3ndirect %eivery / oM S A Age nt1ndirect %e ivery / oMS A Agent1
super%ised and paid )y implementingsuper%ised and paid )y implementingorganisation (2..-#... agent/mem)erorganisation (2..-#... agent/mem)erratio+ratio+
)
oMS A Agent in a 4ree m arketoMS A Agent in a 4ree m arket
earnsearnsfees for ser%ice# paid )y groups (2 .-.fees for ser%ice# paid )y groups (2 .-.agent/mem)er ratio+agent/mem)er ratio+
+
S'ontaneous 5e'ication
'ontaneous 5e'ication
4uasi-informal 4uasi-informal
8/17/2019 CMSC Delivery
13/15
oMS A:
oMS A:
6inancia
inancia
services
ervices
needs onsensus
eeds onsensus
• 0eepen outreach to poorest 0eepen outreach to poorest
• Smaller# short-term loansSmaller# short-term loans
• ife/health insuranceife/health insurance
• Fle5i)le mem)ership and lending policiesFle5i)le mem)ership and lending policies
•O%erlapping community and economicO%erlapping community and economicstrengthening strengthening
8/17/2019 CMSC Delivery
14/15
oncusions
oncusions
• Co"SCA programmes reach the rural poorCo"SCA programmes reach the rural poorand ur)an %ery poor and ur)an %ery poor
•Co"SCA programmes can reach %ery largeCo"SCA programmes can reach %ery largescale in poor# remote areas and ur)an slumsscale in poor# remote areas and ur)an slums
• Co"SCA respond to people6s needs forCo"SCA respond to people6s needs foruncomplicated# sustaina)le and accessi)leuncomplicated# sustaina)le and accessi)le
financial ser%icesfinancial ser%ices
• Co"SCA has an effect on li%elihood securityCo"SCA has an effect on li%elihood securitythat is disproportionate to the in%estmentthat is disproportionate to the in%estmentcostscosts
8/17/2019 CMSC Delivery
15/15
oncusions
oncusions
• !t is popular# )ecause the sa%ings focus )uilds!t is popular# )ecause the sa%ings focus )uildsassets and )ecause it pro%ides creditassets and )ecause it pro%ides creditP&OPO&T!O7AT8 to need and capa)ility P&OPO&T!O7AT8 to need and capa)ility
• !t is easy to replicate!t is easy to replicate
• !t is not necessary to create an "F! to!t is not necessary to create an "F! toimplement and can easily )e integrated into aimplement and can easily )e integrated into anon-financial ser%ices programmenon-financial ser%ices programme
• ong-term programme costs are low comparedong-term programme costs are low comparedto those for a standard credit-granting "F! (.- to those for a standard credit-granting "F! (.- *.9+*.9+
• Super%ision:: Super%ision:: Super%ision:: Super%ision:: Super%ision:: Super%ision::