The Role of Monks in Promoting the Management of Savings Group

Abstract

This academic article aims to study the role of monks in promoting the management of savings groups. It was found that monks must manage based on the four principles of Dhamma-related benefits: diligence in performing duties, caring for and maintaining benefits, finding good network members, and adhering to the principle of sufficiency. This is in line with seven roles: 1) decision-making role, 2) planning role, 3) organizing role, 4) communication role, 5) influence and motivation role, 6) coordination role, and 7) evaluation role. These will result in the savings groups existing with quality, leading to a dignified life. In addition to the aforementioned principles, the principles for promoting successful savings groups that strengthen and enable self-reliance involve coordinating the three institutions of religion, community, and family together, leading to an improved quality of life in terms of physical and mental well-being, as well as sustainable living in a prosperoussociety.