sou-sou
An informal rotating savings club among friends.
Definitions
A communal savings scheme where members contribute a fixed 'hand' each week and take turns receiving the pooled sum. Also susu.
sou-sou In A Sentence
Origin & Usage
West African-derived ('esusu', Yoruba); pan-Caribbean.
People Also Ask
What is a sou-sou?
A sou-sou is an informal rotating savings club where members each contribute a fixed amount regularly and take turns receiving the whole pooled sum.
What does getting your 'hand' mean in a sou-sou?
Your 'hand' is your turn to receive the full pooled amount for that cycle, which members often use for a big purchase or bill.
Where does the sou-sou come from?
It is derived from West African savings traditions such as the Yoruba 'esusu' and is practised across the Caribbean.
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