Microloans Could Save Tired Starving Artists. How ROSCAs Can Save Music, Art And Film.


  BY: JUNE OWATARI  COURTESY OF: The Plaid Zebra  $2400 for a Conveyer Dryer for screen-printing + $2000 for a film output printer with colour separation software plus a 6-pack of ink cartridges + $600 for micro-registration attachments for the 6-colour press + $150 for supplies and equipment for sticker printing + $80 for specially sized platen for printing custom […]

How does a cundina work?

HiRes copy

By Francisco Cervera How does a cundina work? Let’s back up and first explain what it is. A cundina is a community credit and savings tool that’s used to pay for a major purchase, such as a home refrigerator or business inventory. While some people enjoy paying for their purchases with a good old-fashioned credit card, […]

Saving money? What’s that?


By Rosa Cays I am not one to play the money game. You know—business ventures, stock trading, Vegas. I still have a ceramic Snoopy bank filled with 30-year-old coins that I dig into when in dire need. I figure as long as I have that, I’ll never be broke, right? You could say I’m not […]

The Aranda Tanda

Tanda payment schedule

Tanda Payment Schedule Ten Mexican American women from Santa Ana, California make jewelry, straw hats and blankets for sale at the swap meets in Southern California. They are all sisters and cousins in the Aranada family who have painstakingly developed small craft businesses to support themselves in a culture that has marginalized them. They are […]

Save Money With Friends


Throughout the Caribbean they are called susus.  In Japan the term is tanamoshi.  The Nepalese have dhikuti.  While it is known by many names, the concept of money pools is an idea that has developed independently in many parts of the world, dating back centuries in some cases. While money pools thrive across the globe, […]

Poverty Thinking


“If I want to save money, I’ll just save money. I don’t need someone else to take it from me,” Manuel said to his wife, Maria. “But you have never saved any money, Manuel,” she reminded him. “I have no money to save. How can you save money you do not have?” “You have money […]

Susus (money pools): one of the world’s oldest savings practices

Over 200 different names for money pools around the world. Ref: http://www.gdrc.org/icm/rosca/rosca-names.html

By Rosa Cays Perhaps you, too, have come across the myriad terminology: tanda, susu, money pool, cundina, social saving, hui, solidarity lending, tontine, ahorro. The multinational list goes on, and the terms all lead to traditions of saving money that have been around for hundreds of years across as many cultures. The map below cleverly […]