su su


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noun A form of savings where a group of people pay an agreed sum of money on a periodic basis (usually monthly) and each period one member of the group takes all the money that has been paid (their share). This practice has been traced back to Yoruba credit system.

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anonymous
14 years ago

It's sou sou

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Jacqueline
13 years ago

Usually referred to as a Meeting/Meeting Turn in Barbados

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Belna
11 years ago

baxhand, box hand

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Kes
11 years ago

We call it "box hand" in hand.

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Okolo
11 years ago

We call it partner

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Mr E
11 years ago

The word susu is also used in reference to rotating savings and credit associations in Ghana and the Caribbean.

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Mr E
11 years ago

They run their businesses from kiosks located in the market place and act as mobile bankers. Deposits, often of low but regular value, are usually taken on a daily basis over the course of a month. At the end of this period the susu collector returns the accumulated savings to the client but keeps one day's savings as commission. Susu collectors may also provide advances to their clients

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Ariel Soonachan
9 years ago

Sou sou

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Ditan
9 years ago

sou sou

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Su Su
9 years ago

A rotating savings among a group of persons

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Bigga
8 years ago

KasMoni / kasmoney

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Eden
8 years ago

We call it sou sou.

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Jen
7 years ago

kasmoni means cash money. You get at right away instead of going to the bank.

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Witson
7 years ago

We call it un bolso mean a bag like we feel a bag I’m each week for someone

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Susu man
6 years ago

This also means to pee

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Kathleen polion
6 years ago

What is a su su

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Sól
6 years ago

Haitians call this Sól it’s the only way we can save money lol.

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TT
5 years ago

We call it “asue”. Participants deposit a particular amount called a “hand”. For example, a participant could “throw a full or half hand” each week or month depending on asue’s terms. A participant would collect a “draw” which is the total amount saved for the asue. We continue to pay homage to our ancestors 🇧🇸

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Ubong Abel
5 years ago

In Nigeria we call it "Osusu". Money is contributed daily and @ the end of the year or month, as the case may be, the collector takes a day contribution as his or her charge/commission 😉

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Bobby
5 years ago

Barbadians know it as meeting it works like an office lottery that rotates to a different person every week also known a su su

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Yovan
4 years ago

In DR, we call it a “San”

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Pinkie
3 years ago

When my father thought people were gossiping about us, he would say how “these people and dem sousouing us”.