ROSCAs: An Instrument for the Sustainable Development of the Solidarity Economy

Sustainable communities are developed within three main sectors, the public sector, the private sector and the social enterprise/solidarity economy. This paper shall focus on what can be done within the social enterprise/solidarity economy in Kenya, by evaluating the activities of two ROSCAs (Rotating Savings and Credit Associations) located in Kenya; Bahari Widow’s Group and Vakhana Vatecho group. Members of these groups belong to the same ethnic community - The Luhya Tribe. This article looks to explore a method of adapting an already existing community financial system into a tool to grow the solidarity economy value chain from the grassroots level.

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