Hui (informal loan club)

Hui (simplified Chinese: ; traditional Chinese: , Vietnamese: hụi) refers to a group-based rotating saving and credit scheme that is popular among many immigrant and migrant communities throughout the United States,[1] Taiwan.[2] Biao Hui (simplified Chinese: 标会; traditional Chinese: 標會 'to bid in Hui', Vietnamese: chơi hụi 'to play in Hui')[3] is the Chinese verb when someone is engaging or participating in Hui.

  1. ^ ARAX, MARK (1988-10-30). "Pooled Cash of Loan Clubs Key to Asian Immigrant Entrepreneurs". Los Angeles Times. Retrieved 2020-10-02.
  2. ^ Rigger, Shelley. Why Taiwan matters : small island, global powerhouse (Updated ed.). Lanham. pp. 52–53. ISBN 978-1-4422-3002-6. OCLC 868971064.
  3. ^ Lulu Chen (22 October 2009). "For Chinese Immigrants, Money Pools Offer a Risky Promise". Retrieved 18 January 2016.