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2. Tanda (informal loan club) - Wikipedia

   en.wikipedia.org/wiki/Tanda_(informal_loan_club)

   As an example, a tanda is formed between ten friends and family. Each member gives $100 USD every two weeks to the group's organizer. At the end of the month, one participant gets the "pot", $2000. Or, each member gives $100 weekly, and each week one of the ten participants get the pot ($1,000). This continues until each member has received the ...

3. How To Create a Personal Loan Agreement in 5 Steps - AOL

   www.aol.com/finance/create-personal-loan...

   A personal loan agreement is a legally binding document that outlines the terms and conditions of a loan between two parties: the lender and the borrower. Whether you're lending money to a friend,...

4. Loan agreement - Wikipedia

   en.wikipedia.org/wiki/Loan_agreement

   Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Standardized templates for loan agreements can assist in ensuring all critical terms and clauses are included. [4]

5. Susu (informal loan club) - Wikipedia

   en.wikipedia.org/wiki/Susu_(informal_loan_club)

   A susu or sou-sou or osusu or asue (also known as a merry-go-round, [1] Partner, or Pawdna in Jamaica; [2] sol in Haiti;, [3] san in Dominican Republic, [4] and Njangi in Cameroon [5]) is a form of rotating savings and credit association, a type of informal savings club arrangement between a small group of people who take turns by throwing hand as the partners call it.

6. Should I loan money to friends or family? - AOL

   www.aol.com/news/2008-02-19-should-i-loan-money...

   No matter how you go about doing it, a loan between friends or family always seems to end badly.Consider my personal experience with this. Skip to main content. 24/7 Help. For premium support ...

7. Hui (informal loan club) - Wikipedia

   en.wikipedia.org/wiki/Hui_(informal_loan_club)

   The basic premise of the model is a group of close friends and family members coming together once a month and contributing a fixed amount of the money into a money pool. Every time, one member of the group will be chosen to withdraw the entire lump sum from the pool, often for purpose of down payments towards houses or cars or to start a new ...