A way to move on

Description

Senegal went through an economic crisis in the 1980s, and cut off from government support, many women emerged from their domestic roles to become breadwinners for their families. They formed collectives, called Roscas, which act like credit unions with an emotional component. Participants contribute a predetermined sum which gets redistributed to members who need short term loans to run their business.The women are able to raise their families' standard of living by raising and selling food crops, or making handicrafts. They meet regularly, share problems and help one another out. It is a cooperative very much in keeping with the African sense of community. The Rosca movement may be a key out of poverty.

Runtime

24 min

Series

Subjects

Geography

Genre

Date of Publication

2001

Database

Alexander Street

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