Portia Grant is the founder and managing director of Portia’s Partnership Savings Club, a UK-based first commercial Partner (Pardna) firm, dedicated to assisting low-income individuals and families in developing smart pardoner savings plans.
With a passion for assisting low income and struggling families, Portia, originally from Jamaica, has remained dedicated to serving those less fortunate for much of her life. In 2005, she started PPSP after meeting and bringing together five families in need of financial management advice. Since then, PPSP has grown to more than 500 members who are all experiencing first-hand the expertise and practical advice Portia has integrated into her saving plans or monthly investment plans, or what she has since dubbed the “Pardna Method.”
Portia’s aim is to provide a convenient and reliable Partner Scheme to individuals. Additionally, Portia believes that this system of saving money promotes responsibility as people learn to reserve a certain amount of their weekly/monthly income for savings.
Pardna system is an effective and reliable rotating savings plan and can come in handy during times of need. It can also be used to finance personal leisure or investment.
A Partner is basically a partnership among people to save collectively
A Partner – Is a Rotating Savings and Credit Association it is an informal financial system usually associated with poor, developing countries with limited access to credit (ROSCA).
Partner is a saving and credit mechanism with roots in the slave past. This system was brought to Jamaica by African slaves, and was originally used as a device to purchase freedom (It is a tool of liberation).
Jamaican partner developed in the time of slavery, in the absence of other alternatives. It is a popular form of savings system in Jamaica and called by different names in the Caribbean, which is also found in many other parts of the world.
African – Susu
Jamaican – partner
Chinese – hui or wee chen