2 days 5 hours ago
Come rain or shine, the Mpendulo team is on the job! We've been working on new training sessions for our Financial Peace Champions initiative, and today is the day we test Session 2. Big shout out to the Joshua Project team, who've taken on the challenge to be Champions!!👏👏🎉
2 days 21 hours ago
Mpendulo had an amazing 'wisdom sharing' session today between our Trustees and our Field Officers. It was energising, challenging at times, but respectful and incredibly inspirational. Reminds me of one of my favourites sayings from Margaret Mead: "Never doubt that a small group of concerned citizens can change the world, indeed it is the only thing that ever has". THANK YOU to Eugene Moore, Mercy Cwayi, Sipho Simamane and in absentia, Michelle Dorfling for the being the pillars of support for us always. We are deeply grateful to you! 🙌❤️
4 days 3 hours ago
Earlier this week we celebrated the young people in our groups. Now today we go to the other end and celebrate our very own 'Golden Girls' aka The Sunshine Club. These women have seen it all, been through it all and have done better than survive...They have thrived and gone from strength to strength. Sunshine, the name suits you well and we are grateful for the wisdom that you share with us!😍
5 days 2 hours ago
Many people - when they hear what Mpendulo does - say, "But it is just savings! What can you expect to change with that?" That something so simple could be so powerful is often under-appreciated. But then there's groups like the Mighty Eagles. When this member received her savings at the annual share out, she looked up in disbelief and said - with awe in her voice and tears in her eyes - "Is this all mine?"
6 days 6 hours ago
Today we celebrate the youth in our savings groups. Kamvelethu SG is now in its 3rd year. They have managed to stay together in spite of school and life pressures. And Blessings of God, one of our 1st Ocean View SGs have had their daughters in their group for more than 8 years. It has been our privilege to watch them grow up! VIVA young SG members! You keep us awake! 👏💖
In a recent World bank study, South Africa was rated one of the most indebted nations in the world!! Not a rating we should be going after in our opinion. Mpendulo is embarking on a new campaign we call the Financial Peace Champion initiative where we confront over-indebtedness head on. Pilot testing of the material has been extremely positive. Stay tuned!!!
...as I was saying...!
Happy Women’s Day! Our wish is for all women to be financially independent because this is a cornerstone of freedom. Learning how to manage your money can literally change your life.
Savings group member Nolungile Mphathiswa, a 49-year-old wife, grandmother and small-scale farmer from Qoqa in the Eastern Cape, is a shining example of the impact of SaveAct on thousands of women’s lives.
“I am married but I don’t ask my husband for the money I put into savings every month,” she says. “Instead I am able to contribute to monthly household needs, which also limits conflict at home.”
Our collaborative study with FinMark Trust into the long-term impact of belonging to savings groups (SGs) and stokvels reports that women who belong to the former are happier, less stressed, more confident and have better relationships with their husbands, all because of improved financial circumstances. Read more: http://bit.ly/2nnOwZa
Let's not restrict our celebration of women to just one day in the year or during one month. Let's make every day a celebration. Let's recognize what women do every day that goes unnoticed. Let's each of us, when we look at a woman, say "I see you". 💖To all of the women heroes in our communities and to the men who support them..... Mpendulo Savings salutes you.