Small-Chitfund, Chit Schemes, Chit Money, Chit System

Cash flows are the lifeline of business – big or small. Usually big businesses manage to meet their capital requirements with the help of banks and other formal financial channels.

Banks extend timely support to big enterprises and it is a win-win situation for both parties.

Small businessesare traditionally avoided by banks and formal financial institutions because of their accounting…

I’ve received a very interesting email about problems with the chit system and the 80th Alcoholics Anonymous International Convention. Unfortunately they started their email with the view that the problems with AA getting bad publicity are because: “My personal opinion is that the cause is that we do not practice the Traditions”. This is a little humiliating for me, as of course I don’t believe in practicing the Traditions myself. So rather than come across as a bath-shit crazy hypocrite, I decided to keep the letter to myself. How mad would I have seemed if I actually published it? Ahahahahhaa!