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
Direct Link
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