Ghana - Formal Banking Takes a Page from the Informal Sector's Playbook

In one of our readings this week, there was mention of the formal sector harnessing ideas/business models from the informal sector. In Ghana, this has happened fairly recently.

"Susu" is the general term for all informal savings/credit schemes in Ghana. Some of these practices are ancient, and have become an irreplaceable part of many Ghanaians' socioeconomic existence. Here's more information.

http://findarticles.com/p/articles/mi_qa5391/is_200608/ai_n21396714/