Lickle’s Partner

A partner is a form of capital accumulation. It is basically a partnership among people to save collectively. Usually an established member of the partner manages the partnership and is referred to as “the banker”, while the members are the persons who save. The partners contribute a regular sum daily, weekly, fortnightly or monthly basis. Depending on the scheduled request between the members and the banker, each member receives his/her “payout/draw” according to agreed requests.