Backyard Bankers: Immigrants, Money Clubs, and the Pursuit of the American Dream - Paperback

by Jeffrey Ashe (Author), Kim Wilson (Author)

Discover the world of immigrant 'money clubs' in the US. Learn how groups of migrants and refugees creatively pool resources to first survive-putting food on the table-then thrive as they expand their businesses and invest in real estate. From modest set-ups in Iowa to intricate systems in Boston, grassroots money clubs drive immigrant success through thrift, accountability, and smart lending. Representing members from Latin American, African, and Asian communities, money clubs draw on grit and ingenuity to build financial stability and meaningful connections in a new land.