Susu
The name is believed to originate from the Akan word meaning "small small".
Traditional systems usually do not charge interest or seek profit; the goal is mutual aid and providing members with a lump sum for large expenses like school fees, business capital, or ceremonies. The name is believed to originate from the
Members contribute a fixed amount (daily, weekly, or monthly). In each cycle, one member receives the entire "hand" or "pot" of funds. or monthly). In each cycle
In many West African urban centers, specialized "collectors" visit clients daily to collect small deposits for a nominal fee, acting as mobile microfinance intermediaries. Economic and Social Impact The name is believed to originate from the
Susu Savings Collectors - Competition or Cooperation in Benin?