Banking co-ops run by Black women have a longtime legacy of helping people

Caroline Shenaz Hossein, mars 2021

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Ajo, Osusu, Sandooq, Chit or Arisan? These are cultural names for systems of mutual aid and collectivity — known by academics as rotating savings and credit associations, or ROSCAs for short.

ROSCAs are hidden forms of co-operatives that Black and racialized people practise all over the world, including in Canada and United States.

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