Hi Kellie,
"Savings" are funds injected by members (including ourselves in the pilot) and "Shareout" (or Payout) is the proportionate distribution of Savings, Profit and Fines at the end of the Savings Cycle. I hope I understood your question correctly - apologies if not. On the reason for the increase in overall savings rate, I believe this is because members upped their contributions as soon as they saw us come in with our micro equity. So the knowledge that there would be funds for lending early on provided an incentive for members to save more in the early part of the Savings Cycle than last time, leading to an overall increase within that Cycle.
Hi Kellie,
"Savings" are funds injected by members (including ourselves in the pilot) and "Shareout" (or Payout) is the proportionate distribution of Savings, Profit and Fines at the end of the Savings Cycle. I hope I understood your question correctly - apologies if not. On the reason for the increase in overall savings rate, I believe this is because members upped their contributions as soon as they saw us come in with our micro equity. So the knowledge that there would be funds for lending early on provided an incentive for members to save more in the early part of the Savings Cycle than last time, leading to an overall increase within that Cycle.