Community group breaking free of debt cycles by pooling savings

16/09/2025 4 min
Community group breaking free of debt cycles by pooling savings

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Episode Synopsis


A Porirua community group says members are saving money for the first time and breaking free from devastating cycles of debt by creating their own pool of savings and interest-free loans. It's a model that's been operating for decades, but may be getting more common as daily life gets more expensive. Ellen O'Dwyer reports as part of Pinch Point - an ongoing RNZ series about living with the cost of living.