Rotating Savings and Credit Associations (RoSCA) is it only for poor?! Case study of RoSCA ‘’Gamieya’’ in Egypt

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 …