Arbor’s microfinance involves programs for populations that include microsaving, microinsurance and microcredit. The financial program follows the step of grassroots community organization and empowerment and takes shape through the setting up of microsaving groups and the subsequent opening of bank accounts for these groups. Access to microcredit is preceded by a training program and microsaving that takes place throughout the year prior to the provision of advances for all members of the Arbor groups. Microsaving aims to convey to each member of the group the value of money and the significance of this transformative tool, not only for the individual but for the whole community.
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Microinsurance can offer, with a small amount within the reach of the poorest, protection from natural disasters, serious illness, death, loss of livestock and the destruction of the house. Microcredit is a tool aimed at the creation of micro activities in order to rebuild the social fabric. The microcredit program allows for the permanent reuse of funds in the form of continuous advances fed in a constant and rotating fashion from the repayments.
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