ROSCAs: Whats in a Name?

Rotating Savings and Credit Associations can be found all over the world and go by different names in different regions and countries. A sampling:
      Africa
      • Benin: Asusu, Yissirou, Ndjonu, Tontine
      • Botswana: Motshelo, beer parties
      • Burkina Faso: Tontine, Tibissiligbi, Pari, Song-taaba
      • Burundi: Upato (in Kiswahili)
      • Cameroon: Jangi, Ujangi, Djana, Mandjon, Djapa, Tontine, Djanggi, Njanggi, Ngwa, Ntchwa
      • Egypt: Gameya, Jam'iyya
      • Ethiopia: Ekub, Ikub
      • Gabon: Bandoi
      • The Gambia: Osusu, susu, esusu, Compin
      • Ghana: Susu, Nanamei akpee, Onitsha, Nnoboa
      • Ivory Coast: Tonton, Tontine, Moni, Diaou Moni, War Moni, Djigi Moni, Safina, Akpole wule, Susu, Aposumbo, Kukule, a tche le sezu, Komite, n'detie, m'bgli sika, Monu, mone
      • Kenya: Mabati, Nyakinyua, Itega, Mkutano ya wanwake, Mkutano ya wazee
      • Liberia: Esusu, susu, sau
      • Madagascar: Fokontany
      • Mali: Pari
      • Mozambique: Upato, Xitique
      • Niger: Adasse, Tomtine, Asusu
      • Nigeria: Esusu, Osusu, Enusu, Ajo (Yoruba), Cha (Ibo), Oha, Oja, Adashi (Haussa, Tiv), Bam (Tiv), Isusu (Ot), Utu (Ibo), Dashi (Nupe), Efe (Ibibios), Oku (Kalabari Ijawas), Mitiri, Compiri, Club (Ibo)
      • Congo, PR: Temo, Kitemo, Ikilemba, Kikedimba, Kikirimbahu, Likilimba, Efongo Eambongo, Otabaka, Ekori, Otabi
      • Senegal: Tontine, Nath
      • Sierra Leone: Asusu, Esusu
      • Somalia: Haghad, Shaloongo, Aiuto
      • South Africa: Chita, Chitu, Stokfel, Stockfair, Mahodisana, Motshelo, Umangelo
      • Sudan: Khatta, Sanduk, Sandook Box
      • Swaziland: Stokfel
      • Tanzania: Upato, Fongongo
      • Tchad: Pare
      • Togo: Soo, Tonton, Sodzodzo, Sodyodyo, Abo
      • Tunisia: Noufi, Sanduk
      • Uganda: Chilemba, Kiremba, Upato, Kwegatta
      • Zaire: Ikelemba, Osassa, Bandoi, Kitemo, Kitwadi, Adashi, Tontine, Bandal
      • Zambia: Icilimba, Upato, Chilenba
      • Zimbabwe: Chilemba, Stockfair, Kutunderrera
      Asia
      • Bangladesh: Samity
      • Cambodia: Tontine
      • China: Lun-hui, Yao-hui, Piao-hui, Hui, Ho-hui, Foei-Tsjing
      • Hong Kong: Chinese types and Chit clubs
      • India: Kameti, Kuri, Chitty, Chit funds, Vishi, Bishi, Nidhi, Committee
      • Indonesia: Arisan, Paketan Daging, Paketan Kawinan, Mapalus, Bajulo julo, Jula-jula, Mengandelek
      • Japan: Ko, Kou, Miyin, Mujin, Musin, Tanamoshi
      • Korea: Keyes, Kyes, Mujin, Ke
      • Lebanon: Al-tawfir el medawar
      • Malaysia: Kutu, Kootu, Kongsi, Tontine, Hui, Main, Kut
      • Nepal: Dhikur, Dhituti
      • Pakistan: Committee, Bisi, Kistuna
      • Papua New Guinea: Hui, Sande
      • Philippines: Paluwagan, Turnohan
      • Singapore: Tontine, Kutu
      • Sri Lanka: Chit Funds, Cheetu/Sheetu, Sittu Danawa, Situ Mudal, Sittu Wendesiya
      • Taiwan: Hui
      • Thailand: Chaer, Hui, Hue, Pia Huey, Len Chaer
      • Vietnam: Hui, Hui Thao, Hui hue hong, Hui bac (ho), Yi hui
      • Yemen: Hacba
      Latin America, Caribbean and Pacifics
      • Bahamas: Esu
      • Barbados: Meetings
      • Belize: Syndicate, Tanda
      • Bolivia: Pasanacu
      • Brazil: Consorcio, Pandero, Syndicates
      • Curacao: Sam, Hunga sam
      • Dominican Republic: San
      • Guatemala: Cuchubal, Cuchuval
      • Guyana: Throw a box, Boxi money
      • Jamaica: Partners, (Throw a) Box, Susu
      • Mauritius: Pool, Cycle, Sheet
      • Mexico: Tanda, Cundina, Mutualista ...
      • Panama: Pandero
      • Peru: Pandero
      • Surinam: Kasmonie
      • Tobago: Susu
      • Trinidad: (E)susu, Sou sou, Hui, Chitty
      • West Indies: Susu
      • Western Samoa: Pelagolagomai
      Adopted from:
      Bouman, F.A.J., "ROSCA: On the Origin of the Species" Savings and Development Volume XIX, No.2, 1995, pp. 129


Hari Srinivas - hsrinivas@gdrc.org
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