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The Microeconomics of an Indigenous African Institution: The Rotating Savings and Credit Association

1997; University of Chicago Press; Volume: 45; Issue: 4 Linguagem: Inglês

10.1086/452306

1539-2988

Rogier van den Brink, Jean‐Paul Chavas,

FinTech, Crowdfunding, Digital Finance

Previous articleNext article No AccessThe Microeconomics of an Indigenous African Institution: The Rotating Savings and Credit AssociationRogier van den Brink and Jean‐Paul ChavasRogier van den BrinkWorld Bank Search for more articles by this author and Jean‐Paul ChavasUniversity of Wisconsin—Madison Search for more articles by this author World BankUniversity of Wisconsin—MadisonPDFPDF PLUS Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinkedInRedditEmailPrint SectionsMoreDetailsFiguresReferencesCited by Economic Development and Cultural Change Volume 45, Number 4July 1997 Article DOIhttps://doi.org/10.1086/452306 Views: 182Total views on this site Citations: 41Citations are reported from Crossref © 1997 by The University of Chicago. All rights reserved.PDF download Crossref reports the following articles citing this article:Matthew Lowenstein Rotating savings and credit associations (ROSCAs) in prewar China: Communal finance and the roots of economic development, The Economic History Review 89 (Oct 2023).https://doi.org/10.1111/ehr.13297Carlos Alejandro Custodio González Apuntes teórico-metodológicos para la identificación y medición del capital social en espacios rurales, Religación. Revista de Ciencias Sociales y Humanidades 8, no.3636 (Jun 2023): e2301041.https://doi.org/10.46652/rgn.v8i36.1041Rashed Jahangir, Mehmet Bulut, Yusuf Dinc Evolvement of ROSCA to real property acquisition as a form of interest-free SBF model: a PRISMA-compliant systematic review, Property Management 41, no.11 (Aug 2022): 111–148.https://doi.org/10.1108/PM-03-2022-0025Sarah Tan, Manu Manthri Savani Making Sense of Sustainability: How Institutional Design Can Sustain Informal Savings and Credit Groups, The International Journal of Community and Social Development 4, no.22 (Mar 2022): 152–179.https://doi.org/10.1177/25166026221085085Mayuko Nakamaru Rotation Savings and Credit Associations (ROSCAs) as Early-Stage Credit Systems, (Jan 2023): 103–119.https://doi.org/10.1007/978-981-19-4979-1_4Esther Yeboah Danso-Wiredu Saving for one another: the informal economy of subsistence among the urban poor in Ghana, GeoJournal 86, no.33 (Jan 2020): 1287–1299.https://doi.org/10.1007/s10708-019-10123-0Hemen Mark Butu, Benyoh Emmanuel Kigha Nsafon, Sang Wook Park, Jeung Soo Huh Leveraging community based organizations and fintech to improve small-scale renewable energy financing in sub-Saharan Africa, Energy Research & Social Science 73 (Mar 2021): 101949.https://doi.org/10.1016/j.erss.2021.101949Shenchao Han, Qiang Zhang, Liyun Liu The Risk Management Mechanism of China's Bidding Rotating Savings and Credit Association: A Case Study of Chengnan Village in Wenzhou, Emerging Markets Finance and Trade 56, no.1313 (Mar 2019): 3095–3105.https://doi.org/10.1080/1540496X.2019.1587609Francesco Reito Roscas without sanctions, Review of Social Economy 78, no.44 (Nov 2019): 561–579.https://doi.org/10.1080/00346764.2019.1693054James Lappeman, Jemma Litkie, Shriya Bramdaw, Abigail Quibell Exploring retail orientated rotating savings and credit associations: festive season 'stokvels' in South Africa, The International Review of Retail, Distribution and Consumer Research 30, no.33 (Oct 2019): 331–358.https://doi.org/10.1080/09593969.2019.1667853Hye‐Sung Kim Co‐Ethnic and Neighborhood Ties and Financial Social Capital Formation Among the Urban Poor in Kenya, Social Science Quarterly 101, no.22 (Mar 2020): 744–758.https://doi.org/10.1111/ssqu.12778Jean-Marie Baland, Catherine Guirkinger, Renate Hartwig Now or later? 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Lyasko The Role of Trust and Control Institutions in Informal Monetary Transactions, Voprosy Ekonomiki , no.66 (Jun 2012): 48–64.https://doi.org/10.32609/0042-8736-2012-6-48-64Olivier Dagnelie, Philippe Lemay‐Boucher Rosca Participation in Benin: A Commitment Issue*, Oxford Bulletin of Economics and Statistics 74, no.22 (Jul 2011): 235–252.https://doi.org/10.1111/j.1468-0084.2011.00641.xKarna Basu Hyperbolic Discounting and the Sustainability of Rotational Savings Arrangements, American Economic Journal: Microeconomics 3, no.44 (Nov 2011): 143–171.https://doi.org/10.1257/mic.3.4.143Abbi M. Kedir, Gamal Ibrahim ROSCAs in Urban Ethiopia: Are the Characteristics of the Institutions More Important than those of Members?, Journal of Development Studies 47, no.77 (Jul 2011): 998–1016.https://doi.org/10.1080/00220388.2010.536219ŞEBNEM EROĞLU Informal Finance and the Urban Poor: An Investigation of Rotating Savings and Credit Associations in Turkey, Journal of Social Policy 39, no.33 (Feb 2010): 461–481.https://doi.org/10.1017/S0047279409990699Shimpei Koike, Mayuko Nakamaru, Masahiro Tsujimoto Evolution of cooperation in rotating indivisible goods game, Journal of Theoretical Biology 264, no.11 (May 2010): 143–153.https://doi.org/10.1016/j.jtbi.2009.12.030Carrie Antal, Peter Easton Indigenizing civic education in Africa: Experience in Madagascar and the Sahel, International Journal of Educational Development 29, no.66 (Nov 2009): 599–611.https://doi.org/10.1016/j.ijedudev.2008.10.004Siwan Anderson, Jean-Marie Baland, Karl Ove Moene Enforcement in informal saving groups, Journal of Development Economics 90, no.11 (Sep 2009): 14–23.https://doi.org/10.1016/j.jdeveco.2008.09.003Donald Cox, Marcel Fafchamps Chapter 58 Extended Family and Kinship Networks: Economic Insights and Evolutionary Directions, (Jan 2007): 3711–3784.https://doi.org/10.1016/S1573-4471(07)04058-2Thierry van Bastelaer, Howard Leathers Trust in Lending: Social Capital and Joint Liability Seed Loans in Southern Zambia, World Development 34, no.1010 (Oct 2006): 1788–1807.https://doi.org/10.1016/j.worlddev.2006.02.007S. Anderson, J.-M. Baland The Economics of Roscas and Intrahousehold Resource Allocation, The Quarterly Journal of Economics 117, no.33 (Aug 2002): 963–995.https://doi.org/10.1162/003355302760193931N. S. Chiteji Promises kept: enforcement and the role of rotating savings and credit associations in an economy, Journal of International Development 14, no.44 (May 2002): 393–411.https://doi.org/10.1002/jid.847Thierry van Bastelaer Imperfect Information, Social Capital and the Poor's Access to Credit, SSRN Electronic Journal (Jan 2001).https://doi.org/10.2139/ssrn.260058Siwan Anderson, Jean-Marie Baland The Economics of Roscas and Intra-Household Resource Allocation, SSRN Electronic Journal (Jan 2000).https://doi.org/10.2139/ssrn.244530Jens Kovsted, Peter Lyk-Jensen Rotating savings and credit associations: the choice between random and bidding allocation of funds, Journal of Development Economics 60, no.11 (Oct 1999): 143–172.https://doi.org/10.1016/S0304-3878(99)00039-5Sudhanshu Handa, Claremont Kirton The economics of rotating savings and credit associations: evidence from the Jamaican `Partner', Journal of Development Economics 60, no.11 (Oct 1999): 173–194.https://doi.org/10.1016/S0304-3878(99)00040-1Gary Richardson What protected peasants best? 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