About: Gam'eya

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Gamey'a is a form of rotating savings and credit association (ROSCAS) used in over 89 countries and communities around the world, particularly in the Middle East). It is referred to as a chit fund in India and a tanda in Mexico. How it works: 1. * - Group of friends joins together to contribute a fixed monthly installment into a common pot. 2. * - Every month one of the users takes the whole pot as a payout. 3. * - Circle ends when all circle participants gets his/her payout once. 4. * - Circle is then usually repeated with the same group of people over again.

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  • Gamey'a is a form of rotating savings and credit association (ROSCAS) used in over 89 countries and communities around the world, particularly in the Middle East). It is referred to as a chit fund in India and a tanda in Mexico. How it works: 1. * - Group of friends joins together to contribute a fixed monthly installment into a common pot. 2. * - Every month one of the users takes the whole pot as a payout. 3. * - Circle ends when all circle participants gets his/her payout once. 4. * - Circle is then usually repeated with the same group of people over again. (en)
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  • Gamey'a is a form of rotating savings and credit association (ROSCAS) used in over 89 countries and communities around the world, particularly in the Middle East). It is referred to as a chit fund in India and a tanda in Mexico. How it works: 1. * - Group of friends joins together to contribute a fixed monthly installment into a common pot. 2. * - Every month one of the users takes the whole pot as a payout. 3. * - Circle ends when all circle participants gets his/her payout once. 4. * - Circle is then usually repeated with the same group of people over again. (en)
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  • Gam'eya (en)
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