00:00Let's talk about Susu. You might know it as Chamas, Injangi or Adashi.
00:05This is a traditional community-based savings system where trust is very important.
00:10Here's how it works. Imagine four of us form a group.
00:14In the first month, we all contribute the same amount of money into a pool or a kitty.
00:20In the first month, the full amount comes to me.
00:23In the second month, we all contribute again.
00:26And then the full amount goes to Rachel.
00:29Then the next person gets it.
00:32And then the next one till everybody has had their turn.
00:36Simple, right? So why do this?
00:39Susu is especially useful in communities where access to banks is limited
00:44or where people need a lump sum of money for something important.
00:47It can help someone to start a business, pay school fees or handle an emergency.
00:52The members do not earn a profit on their contributions.
00:55Instead, the benefit is access to a larger amount of money at once.
00:59And the shared support of the group, Susu or Chamas can be a lifeline for vulnerable people.
01:06So what's the best you can do?
01:10How do you feel?
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