Arisan

Arisan

An arisan is a form of Rotating Savings and Credit Association in Indonesian culture, a form of Microfinance. Generally the arisan is a social gathering that takes place at a fixed interval, at each member's home in turn. The rotating arisan holder receives payment from each other member and provides food for those members. In the course of the arisan the amount paid to other members will equal the amount received when the arisan is held. The arisan can vary from an essential form of credit in poorer social circles, funding an otherwise unaffordable business venture, wedding, or large purchase, to a purely social gathering for rich housewives with the money incidental. As a source of finance it represents an alternative to bank loans and other forms of credit. In general, no interest is payable per se in the arisan, and forms vary regionally within Indonesia.

Sumber Data : Wikipedia