- 民间标会和信用合作社
- rotate: vi. 1.旋转；轮转；循环。 2.【天文学】自转。 3 ...
- saving: saving2 除…以外。 saving your r ...
- credit: n. 1.信用，信任。 2.名誉，名望，声望。 3.赞扬 ...
- association: n. 1.联合；联系；联盟；合伙；交际，交往。 2.社团 ...
- rotating savings: 民间标会
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rotating savings and credit association中文什么意思
- 民间标会和信用合作社
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百科释义
A Rotating Savings and Credit Association or ROSCA is a group of individuals who agree to meet for a defined period in order to save and borrow together. "ROSCAs are the poor man's bank, where money is not idle for long but changes hands rapidly, satisfying both consumption and production needs.
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