TS
April 26, 2012, 6:15pm
21
Re: Anyone Interested in a Money Saving Group?
Should’ve known.
queer
April 26, 2012, 6:19pm
22
Re: Anyone Interested in a Money Saving Group?
looks like good ol’ chit funds have finally reached pakistan lol
these are a big deal in kerala, and the state runs its own schemes, and anyone that runs such a fund has to register and follow certain legal guidelines.
A chit fund is a type of rotating savings and credit association system practiced in India, Bangladesh, Sri Lanka, Pakistan and other Asian countries. Chit fund schemes may be organized by financial institutions, or informally among friends, relatives, or neighbours. In some variations of chit funds, the savings are for a specific purpose. Chit funds are often microfinance organizations.
However, massive scams such as Saradha Group financial scandal, Rose Valley financial scandal, and others hav...
Re: Anyone Interested in a Money Saving Group?
We also call it “Chitti” in my family…have one going right now as a matter of fact
And I agree, I would never start one with people I didn’t personally know and trust
decades ago, mamis used to participate in chittu. So Hyderabadi chitti was madrasi chittu I guess
Re: Anyone Interested in a Money Saving Group?
^ had not seen queer's post
