A form of informal savings group, especially in African and Caribbean communities, where members make regular contributions to a shared fund.
From Yoruba 'susu' (from West Africa), adopted into English through communities with African heritage. The word has been used by African diasporic communities for centuries.
Susu is a rotating savings system that predates modern banks by centuries and is still thriving! It's one of those words that shows English absorbing terms from cultures that helped build the English-speaking world.
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