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The Growth and Potential of Savings and Credit Co-operative Societies in Swaziland

โœ Scribed by Adam B. Elhiraika


Book ID
108517651
Publisher
John Wiley and Sons
Year
1999
Tongue
English
Weight
80 KB
Volume
17
Category
Article
ISSN
0950-6764

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## Abstract Rotating savings and credit associations (roscas) are a popular form of informal finance in developing countries. This paper examines the rosca's ability to enforce its terms of membership and the implications that this has for their existence in an economy. A connection between enforce