ROSCAs: A Model for Sustainable Economic Development

Article of, May 30, 2022

May 2022

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Summary :

Women in small communities across the world are building resilient economic systems that nurture solidarity, equity, and trust. A project in Toronto aims to bring their wisdom to the public realm.

Women of the African diaspora in Ontario, Canada and beyond operate ROSCAs (Rotating Credit and Saving Associations) as a way to avoid the racism they so often face when trying to access financial services through the conventional banking system.

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