Members contribute a fixed amount (daily, weekly, or monthly). In each cycle, one member receives the entire "hand" or "pot" of funds.
Susu Savings Collectors - Competition or Cooperation in Benin? Members contribute a fixed amount (daily, weekly, or
In many West African urban centers, specialized "collectors" visit clients daily to collect small deposits for a nominal fee, acting as mobile microfinance intermediaries. Economic and Social Impact Members contribute a fixed amount (daily
Traditional systems usually do not charge interest or seek profit; the goal is mutual aid and providing members with a lump sum for large expenses like school fees, business capital, or ceremonies. or monthly). In each cycle
The name is believed to originate from the Akan word meaning "small small".