Thanks for the questions Christian. In answer to the first, we did not observe a fall off in individual contributions. As a member, we limited ourselves to the maximum that any one member can save under the Group constitution. We rolled this up to 'front load' the injection of capital to make it more useful. But - critical point - this amount was not so big as to discourage members from saving. In answer to the second, we saw no drop off in attendance. In fact, members were more likely to show up early in the cycle because - thanks to our up-front contribution - there was a greater chance of funding being available to meet their internal loan requests.
Thanks for the questions Christian. In answer to the first, we did not observe a fall off in individual contributions. As a member, we limited ourselves to the maximum that any one member can save under the Group constitution. We rolled this up to 'front load' the injection of capital to make it more useful. But - critical point - this amount was not so big as to discourage members from saving. In answer to the second, we saw no drop off in attendance. In fact, members were more likely to show up early in the cycle because - thanks to our up-front contribution - there was a greater chance of funding being available to meet their internal loan requests.