Typical chit funds work in various ways and there are additionally numerous scheming strategies filed by numerous private firms. The essential need of leading a "Chitty Business" is a collecting of poor individuals called subscribers. The manager - the organization or individual directing the chitty - unites these individuals and behaviors the chitty.
Manager is additionally the individual in charge of collecting the cash from subscribers, managing the sales and keeping records of follower. He is rewarded a settled sum (for the most part 5% of gross chitty sum) month to month for his endeavors; other than that the manager does not has a particular benefits, he is only a supporter of the chitty.
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