
VOICED : Tontine microcredit helps Senegal women do business
Interactive Video
•
Business
•
10th Grade - University
•
Practice Problem
•
Hard
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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