Village savings and loan groups provide opportunities to access financial resources, accumulate assets, and develop social capital, but can they shape mental health?
To examine the question, the authors of this study drew a sample of women from the Sofala province of Mozambique, a nation with the sixth highest rate of suicide. The findings suggest a tie between group participation and mental health, with implications for efforts to develop community-based financial capability interventions that serve low-income women.
The study is one of several published in a special issue of Global Social Welfare.
Project: Financial Capability & Asset Building in Africa (FCAB Africa)
Tadesse, A., & Huang, J. (2023). Women’s participation in a savings group and depression: A community-based financial capability intervention in Mozambique. Global Social Welfare, 10(1), 49–59. https://doi.org/10.1007/s40609-022-00251-w