Banking co-ops run by Black women have a longtime legacy of helping people
Caroline Shenaz Hossein, March 2021
Read the complete document on: theconversation.com
Summary :
Ajo, Osusu, Sandooq, Chit or Arisan? These are cultural names for systems of mutual aid and collectivity — known by academics as rotating savings and credit associations, or ROSCAs for short.
ROSCAs are hidden forms of co-operatives that Black and racialized people practise all over the world, including in Canada and United States.