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  2. Tanda (informal loan club) - Wikipedia

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

    The tanda is one of the most commonly followed informal associations in Mexico with 31% of the population actively participating in one. [5] A tanda may be managed in different ways. The way it usually works is a group of people that know each other get together to collect money (either weekly, monthly, yearly) to help each other financially.

  3. 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.

  4. Rotating savings and credit association - Wikipedia

    en.wikipedia.org/wiki/Rotating_savings_and...

    A rotating savings and credit association (ROSCA) is a group of individuals who agree to meet for a defined period in order to save and borrow together, a form of combined peer-to-peer banking and peer-to-peer lending. Members all chip in regularly and take turns withdrawing accumulated sums.

  5. 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,...

  6. Should you cosign a loan for your child or a loved one? A ...

    www.aol.com/finance/pros-cons-cosigning-loan...

    Informal loan Offering your loved one a loan from your savings lets you set a limit on your assistance without risking credit damage or lender's fees. Of course, it's difficult to ensure you'll ...

  7. How to manage an equipment loan - AOL

    www.aol.com/finance/manage-equipment-loan...

    Bankrate insight. Keep other types of loans in mind before finalizing and signing a loan agreement. For instance, if you need money for multiple purposes, a good small business loan may be a ...

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