For generations, millions of Nigerians have relied on informal group savings schemes known by different names across the country; ajo in Yoruba communities, esusu in parts of the South-West, isusu in Igboland and adashe in the North.
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Showing posts with label Digitizing. Show all posts
Showing posts with label Digitizing. Show all posts
Friday, March 13, 2026
Thrifto: Digitizing the ‘Ajo’ - How Nigerian Fintech is engineering social trust - Commentary@ITREALMS
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For generations, millions of Nigerians have relied on informal group savings schemes known by different names across the country; ajo in Yoruba communities, esusu in parts of the South-West, isusu in Igboland and adashe in the North.
The concept is simple: a group of people contribute a fixed amount periodically, and each member receives the pooled sum when it is their turn.
For generations, millions of Nigerians have relied on informal group savings schemes known by different names across the country; ajo in Yoruba communities, esusu in parts of the South-West, isusu in Igboland and adashe in the North.
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