SEDP Inc. subscribes to the view that the poor can save. It also believes that a robust savings mobilization is essential to the program’s sustainability. The built-in savings mobilization scheme serves the following purposes:

  A. It imposes discipline on the group members in developing savings habit;
  B. It enhances capital formation and increased investment; and
  C. It provides cover to formal risks, seasonal variations in income, natural calamities, member’s sickness etc.

Thus, savings linked to credit policies provides a good incentive for the members to develop savings habit.

SEDP addresses certain life events and minor emergencies especially in times of death among members of their families. SEDP provides micro-insurance to qualified members through the SEDP-MUTUAL Benefit Association (SEDP-MBA). This is to ensure that families do not slide back down to the slippery slope of poverty. The Mutual Benefit Association does not only provide burial assistance to members and their dependents, but also loan redemption and loan refund.