Savings Schemes have assisted club members to improve their housing
conditions. The study argues that funds from savings clubs for housing can
make a tremendous contribution in assisting club members to improve
their housing. The study established that club members experienced a
problem of being unable to complete their housing improvement. This
was due to the fact that funds from their savings were insufficient to allow
them to complete their housing improvements and consequently club
members had to obtain small loans from Agishana Credit Company in
order to buy roofing material. The study therefore assumes that funds from
savings clubs can work better when supplemented by small loans.
The study uses three core-housing approaches, namely self-help housing
approach, enabling approach and incremental approach. All these
approaches call for housing beneficiaries to mobilize their financial
resources to improve their housing conditions. According to these
approaches the principal role of the state is limited to provision of basic
services and infrastructure and necessary support.
The study established that in order for housing group savings schemes to
be more effective they need to supported by municipalities, nongovernment
organization and other relevant housing role players. In the
two case studies for an example, the withdrawal of municipality at BESG
from supporting savings clubs for housing crippled the small functioning of
savings clubs. / Thesis (M.T.R.P.)-University of KwaZulu-Natal, Durban, 2005.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:ukzn/oai:http://researchspace.ukzn.ac.za:10413/2495 |
| Date | January 2005 |
| Creators | Masondo, Eric Mduduzi. |
| Contributors | Adebayo, Pauline Wambui. |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
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