Susu
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Susu is a noun meaning (finance) An informal money pooling scheme practised in Africa, the Caribbean, and some immigrant communities.
Meaning
(finance) An informal money pooling scheme practised in Africa, the Caribbean, and some immigrant communities.
Example Sentences
The informal credit sector has been very active in Ghana and covers a range of activities known as susu, including individual savings […]
Irene empathized with her susu members as immigrants who were earning low wages in New York, but there appeared to be some socioeconomic advantages to being an organizer that she was not acknowledging.
Word Forms
- susus
Related Words
Related dictionary entries include tanda, sumbuq, soukous, sokah, soumbala, kusumbha.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.