Five things to do before starting a rotating savings group
Rotating savings groups (also known as ROSCAs) have long served as a vital tool for communities to save money together and borrow from trusted colleauges at no interest. They also offer mutual support, and social connections in addition to the financial benefits. Creating or joining a group can be tricky. This article will explore five […]
How ROSCAs Support Immigrants in Australia
Australia, known for its diverse cultural landscape and economic opportunities, attracts immigrants from around the globe. However, the journey to financial stability in a new country is not without its challenges. In this blog post, we’ll explore how Rotating Savings and Credit Associations (ROSCAs) are becoming a financial lifeline for immigrants in Australia, addressing the […]
Rotating Savings Groups — Different Name — Same Benefit
Rotating Savings and Credit Associations (ROSCAs) or in short rotating savings groups or money pools have been an integral part of financial systems around the world, known by diverse names in different cultures. These informal financial arrangements offer a unique way for communities to pool resources and support one another financially. Let’s journey through the […]
