無む尽じん講こう

noun

mutual financing association; rotating savings and credit association

A traditional Japanese rotating savings and credit association (similar to 頼母子講). Members contribute regularly and take turns receiving the pooled funds.

See also: 頼母子講

• 無む尽じん講こうは、地ち域いきの互ご助じょ組そ織しきとして機き能のうしていた。

  The mutual financing association functioned as a local mutual aid organization.

• 彼かれは無む尽じん講こうでまとまった資し金きんを調ちょう達たつした。

  He raised a lump sum of money through the rotating savings association.