lending circles

Business
2:05 am
Tue April 1, 2014

Lending Circles Help Latinas Pay Bills And Invest

Alicia Villanueva gives change to a customer at Off the Grid, a weekly street-food market in San Francisco.
Sarah Peet Sarah Peet Photography

Originally published on Tue April 1, 2014 7:50 am

As part of its Changing Lives of Women series, Morning Edition is exploring women and their relationship with money: saving, purchasing and investing for themselves and their families.

Cuban-American Barb Mayo describes a tanda like this: "It's like a no-interest loan with your friends." Mayo had never heard of tandas growing up, and it wasn't until she started working in sales for a cable company in Southern California that she was introduced to the concept.

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