Every month you meet with 10 of your closest friends. You share a beautiful, chatty dinner, everyone gets caught up, talking about their latest adventures, and then at the end of the evening everyone in the room hands you a crisp $100 bill. And EVERYONE is excited.
What's going on here?
Lucky you! You're part of a susu or merry-go-round savings club. Popular in the Caribbean, these community-building clubs function as both credit and savings.
Learn more here:
https://www.essence.com/news/money-career/what-is-a-sou-sou-savings-club-facts/