Community lending helps African businesses in Philly stay afloat during COVID-19

Philadelphia's community of African business owners has created its own security net in the wake of the shutdown, which left many businesses closed or in debt. A traditional African system known as "susu" provided the mutual aid entrepreneurs needed to stay afloat. Susus provide an informal loan network in which members contribute regularly and take turns tapping into the group funds. During the lockdown, financial support was given to those participants who were most in need. The informal loan clubs were crucial to the owners who are typically immigrants and were denied federal aid at greater rates.

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