Thanks Philip. I agree there should be mechanisms for allowing members to leave and join. At year end there could be an allocation of 'interest earned' during the year but I'm wondering if that needs to be tied to a disbursement of funds. There are different goals to savings to be sure - school fees due in January could be one. I've worked with savings groups which removed the year end disbursement and it seemed to work well.
Thanks Philip. I agree there should be mechanisms for allowing members to leave and join. At year end there could be an allocation of 'interest earned' during the year but I'm wondering if that needs to be tied to a disbursement of funds. There are different goals to savings to be sure - school fees due in January could be one. I've worked with savings groups which removed the year end disbursement and it seemed to work well.