Friendly Societies
Friendly Societies are mutual organizations formed by individuals who come together to provide financial support and assistance to one another. Members typically pay regular contributions, which are pooled to offer benefits such as sickness pay, funeral expenses, and other forms of financial aid during times of need. These societies promote community and solidarity among their members.
Historically, Friendly Societies emerged in the 18th and 19th centuries as a response to the lack of social safety nets. They played a crucial role in providing support before the establishment of modern welfare systems. Today, they continue to exist in various forms, often focusing on social and community activities.