Two of the Savings and Loan Groups meet to discuss future projects.

The Communal Savings and Loan Program: This program consists of 5 groups of ten women each, who borrow low interest loans of $25-$50 to help start new businesses, help provide for educational expenses and help with medical emergencies. WODEEF provides the initial money. The program becomes self-sustaining by the women's groups who pay back the loans at 1.5% interest over 3-5 months into the groups' private bank account. No more than 50% of the principle is used for loans at any one time. No woman can receive another loan until she has paid back the previous one. All loans are approved by the whole group by consensus. Each loan also is repaid with a service charge of 3% to help with administrative costs, such as the cost of paper, passbooks, notebooks, the cost of loan forms, loan receipts, reports, etc. The money plus interest then returns to the account to be used by the women of the group for future loans.

The Women's Savings bank books.

Each of the women in the group deposits 7 pesos a week into the account of the savings and loan group. This is her own personal savings account but the account is held by the group. She can withdraw her total savings if she terminates her membership in the group. Otherwise, the money is used for loans which are then given to women from the Micro-Savings and Loan Group.

Currently, (in early 2007) WODEEF had 5 different micro-savings and loans group, which each have their own name. The groups are: Marigold, Green Rose, Rosal, Sanpaquita, and The College Group. WODEEF hopes to expand to five more groups by August, 2007.

Each project is designed to make the women more self-sufficient so they don't need to take loans from userers who often charge 20% or more in interest. Projects are not designed to give money to participants, but to loan them money, while also educating them and working with them to keep careful records and responsibly pay back what they have borrowed.