1. DUNDULIZA SACCOs AS PARTNERS TO COMMUNITY HEALTH FUND Neemak Kasunga, Dunduliza CHF Best Practice Workshop, Golden Tulip Hotel, DSM 31.1-2.2.2007

2. DUNDULIZA SACCOs AS PARTNERS TO COMMUNITY HEALTH FUND Introduction SACCOs defined Micro financial co operatives [Savings and Credit Co operative Society] Formed by group of people on voluntary basis Members share the common bond that leads to specific economic, financial and social objectives Registered under the Co-operative Act # 20, of 2003 Types Employees based Community based Combination of the two Objective Provision of micro finance services to low income segment of the society that lead to contribution of economic and social growth and reduction of poverty.

3. DUNDULIZA SACCOs AS PARTNERS TO COMMUNITY HEALTH FUND Principles of Co operatives Seven principles as per ICA Voluntary and open membership Democratic member control Economic participation of members Autonomy and independence Education, training and information Cooperation among co operatives Concern for community

4. DUNDULIZA SACCOs AS PARTNERS TO COMMUNITY HEALTH FUND SACCOs as MFIs Provide part of key strategies in reaching MDGs and in building global financial systems that meet needs of the poorest Services respond to particular mission and social context of MFIs Allows poor people access to lump sums of money that can be invested in income generating activities or cope up with crisis Solution to reaching the regarded unprofitable population Provide financial services to the excluded group Plays the role of financial intermediation Operates within a framework of the formal financial industry and maintain financial industry standards

5. DUNDULIZA SACCOs AS PARTNERS TO COMMUNITY HEALTH FUND SACCOs Win – Win Mission Self sufficient organizations that are to provide financial services on permanent basis Member/client based institutions, owning/supervising/controlling themselves Raise incomes, increase assets, reduce vulnerability, social empowerment Contribution towards broader social and economic development [access to education, health services, better nutrition, improved dwellings]

6. DUNDULIZA SACCOs AS PARTNERS TO COMMUNITY HEALTH FUND SACCOs and poverty alleviation Only sustainable SACCO can accomplish the task Applies micro finance best practices to maintain sustainability Members deposits are well protected Development of suitable savings and credit services Members improvement in living conditions Members access to preventive health care Members access to savings products Members access to loans products Members access to non financial services

7. DUNDULIZA SACCOs AS PARTNERS TO COMMUNITY HEALTH FUND New Model SACCOs Dunduliza Experiences Dunduliza federated network of SACCOs Started July 2004 34 SACCOs in 4 regions (DSM-3 plus 4 branches, Mara-10, Mwanza-9 and Ruvuma-12) Number of SACCOs is 1% of the national figure 7 urban and 27 rural SACCOs 50 000 plus members as at 30 th November 06 Membership is 12% of the national network 34% are female members (urban 50% and rural 19%) Total savings Tshs. 2.6 billion Number of loans 3 670 worth Tshs. 1.8 billion

8. DUNDULIZA SACCOs AS PARTNERS TO COMMUNITY HEALTH FUND Best performing SACCO An average of active 2000 members A FOSA with good structure At least three qualified staff (manager, credit officer and a teller) Proper financial and accounting systems Compliance to laws, rules, regulations and internal control and supervision Ideal savings products Demand driven loans products Recommendable quality of services Provision of non financial services Products under development Loan insurance Housing loans Mobile services

9. DUNDULIZA SACCOs AS PARTNERS TO COMMUNITY HEALTH FUND Joining the network Newly formed SACCOs with potentials Existing SACCOs with clean accounts and financial reports Amalgamated small SACCOs Steps Contacts with the board AGM approval MOU signing Application of micro finance best practices

10. DUNDULIZA SACCOs AS PARTNERS TO COMMUNITY HEALTH FUND SACCOs and CHF Members of SACCOs could be members of CHF CHF could be members of SACCOs Clinics, health centers and hospitals could members of SACCO Members monthly/yearly subscription through SACCOs SACCO intermediation roles (among members/CFH/SACCO/Health Centers) CONCLUSION SACCOs have both economic and social missions Members of both CHF and SACCOs are the center point No single intervention can defeat poverty Without access to financial services no miracle to poverty alleviation.