How does a Tanda work? Very simple. A group of people come together and agree on a certain amount which they would contribute, and the frequency. Everyone pays, and at the end of the agreed time, one person takes the pooled money as a lump sum to take care of any need. Let me give you an example. Say twelve people formed a tanda for one year and decided to contribute $200 every month. At the end of each month, one person would take