Access

You are not currently logged in.

Access your personal account or get JSTOR access through your library or other institution:

login

Log in to your personal account or through your institution.

If You Use a Screen Reader

This content is available through Read Online (Free) program, which relies on page scans. Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.

SOPHISTICATED ROTATING SAVING AND CREDIT ASSOCIATIONS IN CAMEROON

Maurice Tankou and Dale W Adams
African Review of Money Finance and Banking
No. 1/2 (1995), pp. 81-92
Stable URL: http://www.jstor.org/stable/23027499
Page Count: 12
  • Read Online (Free)
  • Subscribe ($19.50)
  • Cite this Item
Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
SOPHISTICATED ROTATING SAVING AND CREDIT ASSOCIATIONS IN CAMEROON
Preview not available

Abstract

Authors describe the evolution and operation of a sophisticated self-help financial group in Cameroon. The group is comprised of about 40 members who were born in one village but who live in the capital city. The group manages three types of funds: one that rotates, one that is used as an emergency loan fund, and another that is used for social purposes such as funerals. Unlike most self-help groups in Africa, this group uses a bid system to determine the order of the rotation of its major fund. The authors argue that the financial operations of the group have become more complex and sophisticated over time because of the changing financial requiements of the group. Les auteurs décrivent l'évolution et le fonctionnement d'un groupe sophistiqué d'aide mutuelle au Cameroun. Le groupe est composé d'environ quarante membres qui sont tous natifs d'un même village mais vivent dans la capitale. Le groupe gère trois genres de fonds: un fonds tournant, un fonds réservé aux cas d'urgence, et un fonds pour les affaires sociales telles que les funérailles. A' la différence de la plupart des groupements d'aide mutuelle en Afrique, ce groupe-ci utilise un système d'enchères pour determiner l'ordre de rotation de ses fonds majeurs. Les auteurs allèguent que les opérations financières du groupe sont devenues plus compliquées et plus sophistiquées au fil du temps à cause des changements au niveau des exigences financières du groupe.

Page Thumbnails

  • Thumbnail: Page 
81
    81
  • Thumbnail: Page 
82
    82
  • Thumbnail: Page 
83
    83
  • Thumbnail: Page 
84
    84
  • Thumbnail: Page 
85
    85
  • Thumbnail: Page 
86
    86
  • Thumbnail: Page 
87
    87
  • Thumbnail: Page 
88
    88
  • Thumbnail: Page 
89
    89
  • Thumbnail: Page 
90
    90
  • Thumbnail: Page 
91
    91
  • Thumbnail: Page 
92
    92