A Rotating Savings and Credit Association (ROSCA) is a group of individuals who come together to save and borrow money in a structured way. Members contribute a fixed amount of money at regular intervals, and each time, one member receives the total contributions. This cycle continues until every member has received their turn. ROSCA is often used in communities where access to traditional banking services is limited. It fosters a sense of trust and cooperation among members, as they rely on each other for financial support. This system is common in various cultures and is known by different names, such as tontine or chit fund.