Open AccessRole of kitty party in micro finance
Author(s) -
R. K. Tailor,
Palak Sharma
Publication year - 2021
Publication title -
journal of management research and analysis
Language(s) - English
Resource type - Journals
eISSN - 2394-2770
pISSN - 2394-2762
DOI - 10.18231/j.jmra.2021.038
Subject(s) - schedule , business , set (abstract data type) , public relations , advertising , marketing , political science , management , economics , computer science , programming language
Traditionally, women all over the world have been saving time in their busy schedule to share with others. Kitty parties allow women to move from the humdrum of normal life to meet friends and engage. They provide women with a way to establish friendships, share grievances, practice self-care, and find comfort in the sisters built during this encounter. Each month, a group of women come together for a cat party filled with local music, games, and local delicacies. During this circle, each guest contributes a set amount of money to a bag called a kitty. This kitty is designed for a specific member every month. At the end of the kitty party, that member takes his or her winning money home and is responsible for hosting the next kitty party. This process continues until all the women in the group have found the kitty once, and then it starts again. This paper is focused for micro finance through kitty party.