Private Service Provider Implementation Manual

Savings and Internal Lending Communities (SILC) are user-owned, self-managed savings and credit groups that are accessible, transparent and flexible. The SILC model offers poor households safe and frequent opportunities to save in the convenience of their own community. It helps members build lump sums that become available at a pre-determined time, and allows them easy access to small, flexible loans or emergency grants. Beyond their financial benefits, SILC groups strengthen the social bonds between members and contribute powerfully to Integral Human Development. This manual is designed to provide practitioners with a step-by-step approach to planning and implementing a PSP-SILC project. It is divided into four modules that represent the four main phases of a project.