Assessing Village and Savings Associations (VSLA’s) Contribution to Urban Resilience: Evidence from Northern Ghana
- Zachary Pealore
- Richard Adusei
- Zuweira Yakubu
- Adonija Basig Loriba
Summary:
This study explores the role of Village Savings and Loan Associations (VSLAs) in enhancing urban resilience to climate change in Northern Ghana, focusing on the cities of Tamale and Bolgatanga. Drawing from a mixed-methods approach involving 600 survey respondents (300 VSLA members and 300 non-members), 30 in-depth interviews, and 30 focus group discussions, the research evaluates the socio-economic and environmental benefits of VSLAs and their effectiveness as community-based adaptation mechanisms. The findings reveal that VSLA membership significantly improves financial resilience, access to credit, climate knowledge, and preparedness. About 85% of VSLA members demonstrated financial resilience, compared to 54% of non-members, and 100% received climate resilience training, compared to 48% of non-members. VSLA participants reported greater access to savings, insurance, and emergency funds, leading to enhanced household income, livelihood diversification, and business expansion. Moreover, VSLAs strengthened social capital, trust, and collective action, essential for community-level disaster response and recovery.
This research was part of a multi-country research initiative led by the Global Disaster Preparedness Center of the American Red Cross. Access all final publications here.