NURCHA also sets a threshold for the savers at the same level.
Discussions with NURCHA revealed that the savings program employs community development facilitators who mobilise savings for housing and housing improvements.
NURCHA revealed that some degree of progress has been made with financial institutions through one-on-one interactions on projects.
Generally, the existing products developed by NURCHA demonstrate that a provision can be made for savings by groups.
2001) The Story of NURCHA, Open Society Institute, New York.
2003) Savings Linked Subsidy Scheme, A Report prepared for National Urban Reconstruction and Housing Agency, NURCHA, Johannesburg, March.