MaTontine: Digitizing traditional savings groups for Financial Inclusion
Tontines are traditional, informal savings groups that allow groups of women across Francophone Africa and other regions in the world to set aside money on a regular basis with the aim of accessing a larger amount through loans after a certain period of time. Each month women contribute their share of money to the tontine. At the end of each month one of the women in the group will gain the pot as a loan.