i need some info/help
how does that *partner*-ing thing-y '.work.'
in Jamaica/Negril...??..
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i need some info/help
how does that *partner*-ing thing-y '.work.'
in Jamaica/Negril...??..
In the simplest terms, each week the partners put in a certain amount of money, and they rotate turns to use it. Lets say you have 4 people putting in 500J; each week one of the partners gets $2K to invest in their business. Maybe they don't use all of it, but retain a portion to build up some equity in the 'fund'? Not sure on that. Obviously requires trust between the partners. I have read of very trusted persons being the 'keeper' of the funds/bookkeeping for several partner relationships.
Smith, if you are there this month, maybe I will see you.
OH!!!! Hahahahaha, I thought you were asking about a COMPLETELY different topic altogether.....so glad Lola answered
lol
Marley - I think you and I had the exact same thoughts! :o
First off, SMITH!!! So glad to have ya back. Second off, I too, thought it was a question about an entirely different topic, a man and woman, one of which is Jamaican. You can see where my mind is:)
Lol, yep irieworld and mi good frien Reggae Roy.....that's where my mind was too! Hahaha....glad I'm not the only one.
:)
both require much care, very easy to get burnt either way:eek:
I could not wait to see the responses to this! Rambo.......love your response!
Good to see you Smith. Haven't been on here in a while myself. Jamaicans love Partner as it's a way of saving for a large purchases, vacation, etc. Very popular with island people here in the New York area. You just have to be able to trust the banker and the participants as people sometimes drop out (can't pay) and the people at the bottom of the ladder get shortchanged. Accurate record-keeping is key.Quote:
Originally Posted by smith744
Say you have 10 people, then the partner will last for 10 weeks and everyone in the group is given a choice of the week they want their draw. If it's ongoing, someone may choose last and first draw to get double the money, providing it's ongoing, but each week one person gets the entire pot.
THANKs, boardie Lola & Yardie
as for all-you-other posters
* sigh *
* sigh *
*sigh *
the *things* i gotta deal wit
* sigh *
forgive them Father, for they know not blah blah raa raa
oh, well
so it goes
:-(