Collecting on their investments, one woman at a time: Economic partnerships among Caribbean immigrant women in the United States

Abstract

ABSTRACT This article treats rotating savings and credit associations (ROSCAs) from a constructive cultural perspective. The female-based African-Jamaican tradition of paadna (partnership) is examined within the theoretical scope of womanist (Black feminist) thought, a seminal discourse intersecting both the African diaspora and women's studies. Across the multiple scholarly approaches within women's and African diaspora studies, academic theory acquires cogency through legitimate correspondences with tangible liberating practices and traditions that can be documented and interrogated for conceptual insights. The practice of economic partnering is one such tradition that substantiates the ethical directives and imperatives of womanist theory and practice. A womanist reading of paadnas is proposed, not because the participants have any self-conscious commitment to feminism/womanism, but because of the institution's efficacy in enhancing the socioeconomic standing of Black families through a relatively small-scale capital enterprise. Through paadna networks, Jamaican women have transplanted a flexible self-help tradition to America that is arguably one of the most reliable sources of social and economic mobility among groups of African descent in the United States.