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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The socio-economic role of burial societies and money lending clubs in the informal sector in Lesotho
Author:Matobo, Thope
Year:1998
Periodical:Lesotho Social Sciences Review (ISSN 1028-0790)
Volume:4
Issue:1
Period:July
Pages:51-67
Language:English
Notes:biblio. refs.
Geographic terms:Lesotho
Southern Africa
Subjects:burial societies
funerals
Economics, Commerce
Grass roots groups
informal sector
microfinance
Social groups
Saving and investment
loans
Abstract:In Lesotho, voluntary associations tend to attract many members, mostly women of low and middle income groups in both rural and urban areas. They range from religious, political, and agricultural associations to socioeconomic groups. This article focuses on burial societies and money-lending (or Christmas) clubs. It discusses how these institutions operate; their benefits and weaknesses; factors influencing their sustainability; and how they contribute to the development of the informal sector. Bibliogr., sum.
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