Women for Women International (WfWI) works with groups of marginalized women in conflict-affected countries to help them move from poverty and isolation to self-sufficiency and empowerment in economic and social domains. The Evidence Consortium on Women’s Groups (ECWG) collaborated with WfWI to study the effects of the COVID-19 pandemic on WfWI’s members and to explore the role of women’s savings groups in providing resilience against the shocks induced by COVID-19. The study analyzed self-reported data collected in May 2020 through surveys with a convenience sample of past (or graduated) and current members of WfWI’s Stronger Women Stronger Nations Program. Findings indicate that membership in Village Savings and Loan Associations (VSLAs) was positively associated with some outcomes of economic resilience during COVID-19. Additionally, current program members fared much better on most economic and social outcomes, compared to graduated members, which is likely due to stronger support networks.