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Box hand

From Wikipedia, the free encyclopedia

Box hand, also known simply as box, is a traditional community lending model in Antigua and Barbuda where members of a community pay into a "box" monthly, and members of the box receive a portion of the total until every member of the box has had at least one turn to withdraw.[1][2] The model originates from the Yoruba concept of esusu, and the idea has spread throughout the Caribbean.[3] Box hands are often used in charities and among people who have shared common experiences.[4][1]

References

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  1. 1 2 afadmin (2017-07-24). "Antigua & Barbuda: Using a "Box Hand" Community Lending Model for Adaptation Finance". Adaptation Fund. Retrieved 2025-04-13.
  2. jennelsa.johnson (2024-10-01). "Alleged 'box hand' fraudster granted $70K bail". Antigua Observer Newspaper. Retrieved 2025-04-13.
  3. Lawrence, Joy. The Way We Talk and other Antiguan and Barbudan Folkways. ISBN 978-9769520240.
  4. "Christmas Box - Antigua SDA Cooperative Credit Union Ltd". 2022-11-08. Retrieved 2025-04-13.