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what does "arisan" mean in Indonesian language?

For learning: Malay
Base language: English
Category: Language

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    Generally the arisan is a social gathering that takes place at a fixed interval (this being an informal social network this may be variable), at each member's home in turn. The rotating arisan holder (drawn by lots) receives payment from each other member and provides food for those members. In the course of the arisan the amount paid to other members will equal the amount received when the arisan is held. Basically its a form of micro finance usually carried at villages or small towns.

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