Financial resilience is vital for communities working to recover from conflict. Through the Early Recovery Project, Village Savings and Loan Associations (VSLAs) were introduced and strengthened across communities in Northeast Nigeria, giving women and men access to savings, credit, and small-scale investments. These groups have helped families rebuild their lives, pay for children’s education, and start small businesses hence creating a foundation for long-term recovery.
A good example of this transformation is Maduganari community in Borno State. Comfort Bulama, a VSLA member, shared: “Before joining the group, I had no way to save or borrow. Now, I can support my children’s education. I even started a small business. The association has given me confidence and made me hopeful for a better future.”
Beyond financial empowerment, VSLAs have become powerful platforms for social cohesion. In communities where mistrust and division were once common, these groups bring together women and men from diverse backgrounds to save, invest, and solve problems collectively. Members meet regularly, share experiences, and support one another during crises, promoting trust and solidarity. This has helped mend fractured relationships, strengthen community networks, and promote peacebuilding.
As another member, Halima Umar, put it: “Our group is not just about savings, it is family. We look out for each other, and that has supported community bonding in a positive way.”