|TRP EP 09| Village banking will NOT make you rich and it’s definitely NOT an investment 😳💰

More Conversations on TRP:    • TR Podcast - Full Episodes   Yes, people are saving millions, but do you know the risks nobody tells you about? 🚨 On this week’s Tangled Roots Podcast, we break down the truth about village banking in Zambia — the good, the bad, and the ugly. With real stories + our guest Steve (accountant for a village banking that saved over K1,000,000). 🎙️ Watch before you put your money in! #VillageBanking #TangledRootsPodcast #Zambia 💬 Share your story or thoughts in the comments. 🎯 Like, share, and subscribe to help someone else find this conversation. 🔗 All our links: https://linktr.ee/tangledrootspodcast Timestampe 00:05:49 – All Things Introduction 00:06:15 – Comments About Village Banking From Our Page 00:10:50 – Breakdown of Village Banking With Guest Steve 00:13:15 – Favoritism in Village Banking 00:15:10 – Interest Rates 00:19:51 – What You Need To Know Before Joining 00:22:19 – Disadvantages 00:24:50 – Qualifications Needed 00:27:40 – Advantages 00:29:48 – No Legal Rights 00:31:50 – Borrowing To Start a Business 00:35:30 – Forced To Borrow For a Business 00:38:25 – Is It an Investment? 00:41:40 – Advantages & Disadvantages of Many or Few Members 00:47:59 – Mortgage Setup 00:54:00 – Steve Outlines Things To Know Before Joining Village Banking 00:59:00 – Wrap-up 01:00:35 – Closing Remarks