Debtors / Debt Support Groups - Tipperary and Elsewhere

[C. Flower]

A woman called ( I think) May, or Maeve, on the Joe Duffy Show is urging people who are in debt to form groups to support each other. She is based in Tipperary and has formed a group.

This thread is for posting details of any such groups, and for discussion of how best household and personal debt can be dealt with.

[Dr. FIVE]

Not seeing anything online. Would like to hear more about it.
She said she had no power last year and she's not crying this year.

On a mission

[C. Flower]

Not seeing anything online. Would like to hear more about it.
She said she had no power last year and she's not crying this year.

On a mission

I'd prefer to hear that, than the woman who rang a few weeks back and said she hadn't been able to get out of her pyjamas for months, with depression.

[Fugee]

Groups and talking and blah blah blah, we are gone well beyond the point of talking at this stage.

[Spectabilis]

Stokvels are a co-operative savings club long established in South Africa. Members, usually women, save and distribute the pool of funds in rotation at a social gathering where the sale of food can also assist the host, who is the recipient. As the fund is closed at the end of the year a new one is started, so it is not a Ponzi scheme. Some developed into more sophisticated credit groups.Various forms of stokvels exist around the world.
http://www.dgrvsa.co.za/Publications...h%20Africa.pdf

The Grameen bank is the best known of the micro-credit organisations. It is interesting to me that these organisations originating in the developing world may now be very relevant here again. We have had our own traditions here before welfare became available in the 20th century of friendly societies, some with political associations such as the Irish National Foresters Friendly Society.

http://www.grameen-info.org/index.ph...d=8&Itemid=170