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Tanomoshiko

4 pointsby srlover 3 years ago

1 comment

srlover 3 years ago
To explain why I thought this was interesting: from what I read, a Tanomoshiko is (mostly &quot;was&quot;) an informal mechanism for loans. If one person was in financial hardship, a group of several people would each contribute a small sum of money, thus curing the hardship. Instead of ordinary repayment, the group would now repeat the same act in a few weeks, but choosing another person in the group (perhaps at random) to receive the money. This would repeat until everyone had been payed.<p>There were and are taboos around loans in many societies (our own included). This seems like it&#x27;s probably part of a broader family of methods for working around those taboos.<p>I came across this only from a side remark in Yukichi Fukuzawa&#x27;s autobiography. I don&#x27;t know of a good source (the wikipedia article is admittedly not great).