Ajo: How Traditional African Savings Groups Work and Why They Still Matter Today
Across Africa, people have developed simple but powerful ways of helping one another save money, access funds, and achieve financial goals. One of the most popular is Ajo. Known by different names across African communities—such as Esusu, Adashe, Tontine, Susu, or Rotating Savings and Credit Association (ROSCA)—Ajo is a community-based savings system in which a…
