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THE ROLE OF ROTATING SAVINGS AND CREDIT ASSOCIATIONS IN MOBILIZING DOMESTIC SAVINGS IN NIGERIA

✍ Scribed by Theo Afeikhena Jerome


Book ID
124299620
Publisher
Giordano dell'Amore Foundation
Year
1991
Weight
731 KB
Volume
2
Category
Article
ISSN
1124-3163

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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