The existence of formal and informal markets for credit is a common phenomenon in developing countries. Being originally from Egypt which is considered as a developing country, I decided to talk about RoSCAs where I grew up being surrounded with this kind of informal associations everywhere in the society. But wait!! What are RoSCAs? RoSCAs … Continue reading Rotating Savings and Credit Associations (RoSCA) is it only for poor?! Case study of RoSCA ‘’Gamieya’’ in Egypt
Rotating Savings and Credit Associations (RoSCA) is it only for poor?! Case study of RoSCA ‘’Gamieya’’ in Egypt
