Corpus ID: 150916551

Indigenous savings and credit societies in the third world - any message?

  title={Indigenous savings and credit societies in the third world - any message?},
  author={F. Bouman},
During the past two decades an increasing number of reports have called attention to the existence of indigenous savings and credit societies in the LDCs. Most deal with rotating credit associations, which have been defined as a group of participants who make regular contributions to a fund which is given to each member in turn. This report maintains that these associations are more accurately termed rotating savings and credit associations (RoSCA). These associations are popular among diverse… Expand
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