What is Sou Sou?
“Sou Sous” are jointly-owned savings plans with its beginnings in Africa dating back centuries. It facilitates the pooling of resources amongst family or friends towards a common goal. This universal social system provides a unique savings opportunity for its members. In light of the advent of credit checks, and the ever increasing need to provide formal job letters and pay slips, a significant portion of the population has been unable to access loans or even open banking accounts: hence the viability of the Sou Sou.