Unveiling the Power of ROSCAs: A Journey Through Caribbean Community and Financial Support
Manage episode 423833084 series 3502214
Welcome to the Dis A Fi Mi History Podcast, where we delve into the rich history and familial ties of Caribbean people, exploring how past traditions shape our present and future. In this episode, your host Wendy Aris is joined by Andrea Barrett, a founding member of the Banker Ladies Council and a community activist from Canada.
Andrea shares her journey and insights into ROSCAs (Rotating Savings and Credit Associations), also known as Susus or Partners in different cultures. Discover how these informal financial systems have empowered Caribbean women, enabling them to save money, support each other, and achieve significant financial goals such as starting businesses, purchasing homes, and funding education.
Listen as Andrea recounts personal stories, discusses the cultural significance of ROSCAs, and highlights the evolution of these systems from traditional cash collections to modern-day apps. This episode is a testament to the strength of community and mutual aid, offering a powerful message on the impact of collective financial support.
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BIO:
Andria Barrett is a founding member of The Banker Ladies Council and is in a Partner Bank. She is a community activist from Canada and the founder of The Diversity Agency. Barrett’s focus is helping women-led entrepreneurs through mutual aid. She serves as a board member to the Culinary Tourism Alliance, HAGO (Help A Girl Out) and is a member of the Congress of Black Women. The Canadian SME named her one of the Most Inspiring Women Entrepreneurs and Business Leaders two years in a row, and she was named the 2022 Rotman Family Entrepreneur of the Year. Andria is being mentored by Dr. Caroline Shenaz Hossein, Canada Research Chair, in Africana Development & Feminist Political Economy and Associate Professor of Global Development and Political Science at the University of Toronto Scarborough. Dr. Hossein coined the concept of Black Social Economy.
Website: https://www.andriabarrett.com/
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