Rotating Savings and Credit Association (ROSCA)

Rotating Savings and Credit Association (ROSCA): Финансы: Ассоциация поочерёдных сбережений и кредитования (АПСК)

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Rotating Savings and Credit Association — A Rotating Savings and Credit Association or ROSCA is a group of individuals who agree to meet for a defined period of time in order to save and borrow together. ROSCAs are the poor man s bank, where money is not idle for long but changes hands… … Wikipedia
Rotating Credit And Savings Association (ROSCA) — A group of individuals that fill the role of an informal financial institution through repeated contributions and withdrawals to and from a common fund. Rotating Credit and Savings Associations are most common in developing economies or among… … Investment dictionary
Collaborative finance — The term collaborative finance is used to describe a specific category of financial transaction which occurs directly between individuals without the intermediation of a traditional financial institution. This new way to manage informal financial … Wikipedia
Appropriate technology — (AT) is technology that is designed with special consideration to the environmental, ethical, cultural, social and economical aspects of the community it is intended for. With these goals in mind, AT typically requires fewer resources, is easier… … Wikipedia

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