World Savings Program - Donation Page
Greetings from Guatemala, Luke Armstrong and all of us at the Integral
Heart Foundation. The Third World Savings
plan will encourage indigenous family leaders to
open a savings account and to develop personal
This project is being coordinated by Reinhard
Prosch who is the Business Operations Manager at
Heart Foundation. Read a one-page summary of this
January 2013: The first Third World Savings
Project is now complete. Here is a summary
of the outcome of this pilot program:
- We had
ten members altogether when we first started
out, by the time of last final class six of
remained to check back with their deposit
- 4 out of
ten have made all required deposits (total
number here is 1 initial deposit to open the
plus 6 savings deposit = 7 total deposits),
and have thus received their Q300 bonus
already (MTV; JC;
RM; MAG; MH)
four have made at least 5 deposits (JMR; PG; AMS; LPN)
- Only two
have not made another deposit after opening
this against our initial assumption ("50% of
participating families making savings deposits at
twice a month"), I conclude that we almost
lived up to what was "an ambitious goal"
and so dare to call this
trial run pretty successful. Some things to
- how to
respond to those participants who have made a
good amount of deposits?
should we do a revaluation?
- how to
improve participant commitment &
consistency, engagement in the project?
start date for next project. Include those who
did not succeed?
Thank you, Reinhard Prosch.
give your support to a family who is participating
in The Third World Savings plan, please
the one-time donation you wish to make and click on the
we receive your offer of support we will contact you by email to
the project progresses we will email reports of
the trainings and outcomes.