Pardner

noun PAAD-na ˈpaːdna

Also spelled partner, paadna

A traditional informal savings club — a rotating credit scheme in which a group each pays a fixed 'hand' (amount) at set intervals to a trusted organiser (the 'banker'), and each member in turn collects the whole pot (their 'draw') on their assigned week. A cornerstone of Jamaican community finance, pardner lets people save and access lump sums without a bank.

  • Mi a throw a pardner fi save up fi Christmas.

    I'm paying into a savings club to save up for Christmas.

  • Mi draw come next week, mi get di whole hand.

    My turn comes next week; I collect the whole pot.

  • Di banker collect everybody pardner money.

    The organiser collects everyone's savings-club contribution.

From 'partner'; a West African-derived rotating savings tradition (compare 'susu', 'esusu'). See [[box-hand]], [[susu]].

A rotating savings club: pay a 'hand', collect your 'draw'; run by a 'banker'. See [[box-hand]], [[susu]], [[higgler]].