Paluwagan (en. Rotating savings and credit association)

None

Synonyms

capital pooled together for members

I contributed money to the paluwagan to buy a new cellphone.

Naglagay ako ng pera sa paluwagan para makabili ng bagong cellphone.

collective investment

We need to organize a paluwagan to buy a house.

Kailangan nating mag-organize ng paluwagan para makabili ng bahay.

group helping each other financially

In a paluwagan, it's easier to save because we help each other out.

Sa paluwagan, mas madali ang mag-ipon kasi sabay-sabay tayong tumutulong.