期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2013
卷号：4
期号：19
页码：127-130
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：This paper looks into ROSCAs as funding source for the poor. The evidence from the ROSCAs in Pakistan (Dera Ghazi Khan) suggests that regular incomes are essential for the smooth functioning of ROSCAs therefore ROSCA is popular among salaried classes. Poor people usually have insufficient and irregular incomes due to which they are considered trouble makers and therefore are excluded from the ROSCAs. In conclusion ROSCAs cannot provide funding for the poor people and thus cannot substitute microfinance.
