A FB friend posted this question regarding “Looms:” Peace, Baba Wekesa, Hope all is well! I wanted to ask your opinion on these online susus that are occurring rapidly? My response: They are not “Susus.” Esusus, Tontines, Susu (various names) are based on community, relationships, and trust. These “Looms” are based on blind faith, not relationship-building faith. In esusus there is an agreed upon obligation and benefit. Everyone contributes a set amount per month, week, or other agreed upon interval. Each month the total pot is given to one member, then the pot rotates each week or month until everyone in the Esusu has received it. The Esusu is an agreement. The loom is a gamble. In an Esusu, collective money is rotated - not multiplied. TRUST in each other is multiplied. In a loom, money is multiplied.” Maybe your personal trust “in “abundance” and “universal flow of the universe is multiplied. Still, where does the money multiplication come from? What ...
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