Table 2.
Formation and management characteristics of CBSGs.
| Variables | Number (%) |
|---|---|
| Over all | 247 (100) |
| Size of CBSG | |
| 15–30 | 141 (57%) |
| 5–14 | 66 (27%) |
| >30 | 40 (16%) |
| Criteria for joining CBSGs* | |
| By registration (after paying) | 236 (96%) |
| Community member | 17 (7%) |
| Age consideration | 15 (6%) |
| By buying shares | 12 (5%) |
| Frequency of depositing savings and group meetings | |
| Weekly | 22 (9%) |
| Bi-monthly | 92 (37%) |
| Monthly | 112 (45%) |
| Quarterly and above | 21 (9%) |
| How management committee is elected | |
| Election/voting | 232 (94%) |
| Nomination of members | 15 (6%) |
| Safety of CBSG funds* | |
| Metallic box (safe box) | 220 (89%) |
| All money is lent out | 37 (15%) |
| Bank account/mobile money | 24 (10%) |
| Loan management | |
| Minimum amount of loan given to member† | |
| $2–$5 | 212 (85%) |
| $6–$8 | 35 (14%) |
| Loan payback period | |
| Within 1–2 months | 168 (68%) |
| Above 2 months | 79 (32%) |
| Interest rates for loans per month | |
| 6–10% | 201 (81%) |
| < 6% | 42 (17%) |
| > 11% | 4 (2%) |