SAVINGS GROUPS FOR REFUGEES
In their book, Refuge: Rethinking Refugee Policy in a Changing World, Alexander Betts and Paul Collier note that 54% of the world’s 21.3 million refugees are in protracted refugee situations and are “often denied access to the right to work or to freedom of movement”. They further state that “the UNHCR is responsible for refugees in thirty-two separate protracted refugee situations around the world, with an average length of exile of twenty-six years.”
Betts and Collier’s research makes clear that refugee crises are rarely short term. But what about the belief that refugees aren’t capable and that development focused financial interventions won’t work?
After three years of serving refugees and the host community in Uganda, our data confirms that not only does our program work, but that there is little difference in impact between these two populations.
* Note: Prior to joining Seed Effect, 80% of group members had reported a savings amount less than $5.