IRIN Africa | KENYA: "Merry-go-round" micro-finance keeps slum residents fed | East Africa | Kenya | Education Gender Issues Health & Nutrition Urban Risk | Feature

IRIN Africa | KENYA: "Merry-go-round" micro-finance keeps slum residents fed | East Africa | Kenya | Education Gender Issues Health & Nutrition Urban Risk | Feature:

Meeting weekly, the 23 Msingi Bora members each contribute 50 shillings (60 US cents), which is pooled for members to take loans from. At each meeting, the members also contribute 20 shillings (26 US cents) each - to be given to one member in what they term their 'merry-go-round' as they draw lots to determine the order of receiving the money.