Sentence examples for pool their savings from inspiring English sources

A mutual banking scheme under which people come together to pool their savings.

Its 13 members congregate weekly to pool their savings into a pot, from which all can borrow.

Members pool their savings together and this pot of money is used to provide loans to applicants in that group.

There was even, he says, a type of "mutual fund" in which villagers would pool their savings to buy goods from China.

Traditional cooperatives have long existed in Haiti, allowing farmers or small business owners who were unable to borrow from banks to pool their savings into revolving loan accounts.

Similarly, financial services are organized in self-regulating small groups called "chama," in which people pool their savings and lend money to one another.

They pooled their savings to buy a used car.

So they pooled their savings — about £6,500, or $10,300 — to overhaul the entire 1,200-square-foot 1,200-square-foot 1,200-square-foot

He persuaded his siblings to join him in mortgaging their houses, pooling their savings and pawning their jewels to build it.

In 2005, Rachel, Dominique, and Elsbeth pooled their savings, mortgaged two of their houses, sold a third, and bought a twenty-two-year-old tug.

In recent months, the town has suffered a wave of kidnappings, and residents have been pooling their savings to pay ransom after ransom.