Barbados
Bahamas
Trinidad & Tobago
St. Vincent
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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22 comments
a
a
anonymous
12 years ago

It's sou sou

Barbados
Barbados
Jacqueline
11 years ago

Usually referred to as a Meeting/Meeting Turn in Barbados

Guyana
Guyana
Belna
9 years ago

baxhand, box hand

Guyana
Guyana
Kes
9 years ago

We call it "box hand" in hand.

Jamaica
Jamaica
Okolo
9 years ago

We call it partner

Barbados
Barbados
Mr E
8 years ago

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

Barbados
Barbados
Mr E
8 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

Trinidad & Tobago
Trinidad & Tobago
Ariel Soonachan
7 years ago

Sou sou

Haiti
Haiti
Ditan
7 years ago

sou sou

Grenada
Grenada
Su Su
6 years ago

A rotating savings among a group of persons

Suriname
Suriname
Bigga
6 years ago

KasMoni / kasmoney

St. Vincent
St. Vincent
Eden
6 years ago

We call it sou sou.

Suriname
Suriname
Jen
5 years ago

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

W
W
Witson
5 years ago

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

Guyana
Guyana
Susu man
4 years ago

This also means to pee

St. Lucia
St. Lucia
Kathleen polion
4 years ago

What is a su su

Haiti
Haiti
Sól
3 years ago

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

Bahamas
Bahamas
TT
3 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 🇧🇸

U
U
Ubong Abel
3 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 😉

Jamaica
Jamaica
Bobby
3 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

Dominican Republic
Dominican Republic
Yovan
last year

In DR, we call it a “San”

Grenada
Grenada
Pinkie
10 months ago

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