History.
People have pooled money together for more than 5000 years.
Today, savings clubs are used by communities all over the world. Some groups pay into a shared pool every week or month and give the total to one person at a time (rotation), and others keep building the pool for when someone needs it (accumulation).
There is a name for them in every language:
Adashe
Nigeria
Ajo
Nigeria
Arisan
Indonesia
Ayuto
Somalia
Chama
Kenya
Chilemba
Zambia
Chilemba
Zimbabwe
Chilemba
Uganda
Chiperegani
Malawi
Chit
India
Didlum
United Kingdom
Dijji
Ivory Coast
Djanggi
Cameroon
Esu
Bahamas
Hagbad
Somalia
Hamamei
Papua New Guinea
Ikelemba
DR Congo
Junta
Peru
Kongsi
Brunei
Menage
Scotland
Nájom
Benin
Ngwa
Cameroon
Njangi
Cameroon
Osassa
DR Congo
Paluwagan
Malaysia
Paluwagan
Singapore
Paluwagin/paluwagen
Philippines
Pandero
Peru
Pardna /er
Jamaica
Passanaku
Bolivia
Pooling club
South Africa
Safina mani
Ivory Coast
Stokvel
South Africa
Suit clubs
Australia
Sundaying
Papua New Guinea
Susu
Nigeria
Susu
Sierra Leone
Susu
The Gambia
Susu
Trinidad and Tobago
Tanda
Mexico
Tontine
Benin
Tontine
Malaysia
Tontine
Singapore
Tontine
Senegal
Tontine
France
Wari monai
Ivory Coast
Xitique
Mozambique
جمعية
Egypt
เล่นแชร์
Thailand
እቁብ
Ethiopia
會
China
會
Taiwan
頼母子講
Japan
계/契
Korea
Partners.
