Financial Help

Author: Bolan Oluwa

Community based financial help. Peer to peer financial help. People helping people.
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Language: en

Genres: Business, Non-Profit

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Ajoo Collective - Friends and Family financial aid system
Episode 1
Thursday, 9 September, 2021

Introduction to the Ajoo Collective system. This is a financial aid system that is popular amongst low income people from the southern hemisphere. Using the system, they come to each others' aid by making contributions to a pot that they collect in turn. In this episode I briefly describe the system and how it works, the purpose, the advantages and benefits. I also talked about the tax implications of participating in such a collective.