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In Latin America, a tanda is the regional version of a rotating savings and credit association (ROSCA). It is a form of a short-term no-interest loan among a group of friends and family.

Oct 11, 2024 · What is a tanda? The term tanda in English means “a series” or “a group,” and it can also be called “susus” or “chit funds” in other places. It comes from Mexico and reflects the structured …

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