Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,569 members, 7,958,757 topics. Date: Wednesday, 25 September 2024 at 10:45 PM |
Nairaland Forum / Nairaland / General / Culture / Esusu (3710 Views)
(1) (Reply)
Esusu by jamaicangi(f): 1:53am On Dec 24, 2010 |
So, I am from the Caribbean and many people from my region participate in something called susu. In Jamaica, we call it "partner" and in some islands they call it "the syndicate" but it is basically the same thing everywhere in the region- a credit organization with a group of friends or acquaintances. I discovered recently that [b]esusu [/b]is a Nigerian word. Can you guys tell me more about how this is practiced in Nigeria? Thanks |
Re: Esusu by gbking(m): 2:20am On Dec 24, 2010 |
An esusu is a Yoruba word and it's a traditional African lending association common in West Africa (Where, of course, Nigeria is). Each month members meet to contribute money to a pool. At the meeting, the entire sum is given to a member in good standing. In Jamaica, the rotating credit system is known as “partners”, Basically it's the exact same thing. |
Re: Esusu by udennaa: 9:42am On Dec 24, 2010 |
Igbos call it isusu,and it is practised as it is in jamaica n other parts of nigeria. |
(1) (Reply)
Christmas Gift For Igbo Man In The USA? / Dreadlock (dada) Babies - Is This True? / Yewande & George’s Elegant Efik & Yoruba Wedding With A Vintage Touch!
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9 |