VOICED : Tontine microcredit helps Senegal women do business

VOICED : Tontine microcredit helps Senegal women do business

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the concept of tontines, a traditional savings system popular in Africa, where women pool money together to provide interest-free credit. Unlike banks, tontines rely on community trust and social dynamics, offering a sense of purpose and achievement. They are used for various purposes, from building houses to saving for special events, highlighting their role in empowering women and fostering community growth.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways have tontines evolved from their original purpose?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the social implications of participating in a tontine.

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