Is hagbad even that smart of a system?

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Bahal

ʜᴀᴄᴋᴇᴅ ᴍᴇᴍʙᴇʀ
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If you get it first, make a profitable investment, you've benefitted handsomely

Get it last and there's no point.
 

El padrone

Hedonist, Depressive realist, Existential nihilist
Hagbad aka ayuuto is great investment walaahi lkn somalis dont know the concept of innovation. they are stick with outdates hagbad system. look at kenya, their hagbad known as chama is huge multi billion dollar industry with millions of hagbad groups. they are so modern and efficient that they managed to build successful business empires from real estate buildings worth million dollar to manufacturing business to commercial farms.

ppl in these revolving credit scheme are very well of, driving expensive cars, living decent homes on mortgages( their hagbad gives them legerage for it) they send theit kids to school and and are successful entrepreuners who almost retire before their gov public employees.

Even the big banks in kenya are fighting over the hagbad groups the chamas to put their drposits worth billions on their banks.

what else? their hagbad is so innivative they have softwares to keep track their finances and banks created accounts for them!

also it has a social acspect, the women in this hagbad groups, congregate once at the chosen beneficients home, drinking tea, beer and catching up, gossiping and overall socializing. imagine meeting xaliimos there and finding a freak one with shared kink and whatnot. :banderas:

very impressive walaahi.

and look at us still doing it old school. everything about somalis is bland and meh. worse look at thosr fat cats who call themselve businessman conglomerates still importing stuff in shiploads year after year dtaining the meagre hard currency we receive from livestock export, the only industry thats generating 80% of our GDP. shame! :snoop:
 

Jeesto

VIP
You have gotten too cocky lately. Go back to being miskeen, this lifestyle is not for you!
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Genie

The last suugo bender
its always been called Hagbad for us wth is ayuuto its italian for help lool!
 
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Since when is it called hagbad :what1:
Anyways ayuuto is a dumb system. You don't profit anything it's just a money storage system like a bank would be. If you want go ahead but you can save money on your own.
I thought you became Gadabursi now?

Guess you're back to being a southerner :ulyin:
 
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