Self-Reliant Groups (SRGs)
Here’s a good way to understand what a Self-Reliant Group or an SRG is:
- It’s a small group of people (5 to 10) who come from a shared economic/social background to support each other and develop friendships
- They meet regularly and agree to start saving – often a £1 each – in a Common Fund (motto: savings first, credit later)
- They use their savings and other income to lend to each other in times of need and crisis
- They learn a skill together
- They start a small business which, in time, will help them earn an income to support themselves and their families.
In short, the SRG way of working means group members believe that helping themselves and each other and together creating opportunities for change and enterprise in their local communities is the best way forward.