In the Romance languages of Latin America, other regional names for tandas include cundina (Mexico), susu (Caribbean islands), junta (Peru), sand (Venezuela), cuchubale (El Salvador and Guatemala),[4] and polla (Chile), syndicate (Belize), as well as Pasar, Quiniela and Sociedad (various locales).
In the US, it can take many months or even years to get the Social Security Number needed to open traditional banking and credit card accounts.
Among Mexicans, these forms of informal savings associations play an important role sustaining the livelihood of many people living in both Mexico and the United States.
[3][7] As Vélez-Ibáñez explains, trust "shapes the expectations for relationships within broad networks of interpersonal links, in which intimacies, favors, goods, services, emotion, power, or information are exchanged".
[10] (Yahoo Finance, for instance, created the short-lived Tanda app which allowed friends and families to participate in the same group without being closely located geographically.
)[11] These platforms help solve the problems that are generated by the traditional tanda, like transparency, organization, localization, and money collection and distribution methods.
[13][14] According to Milenio, there is the risk of being accused of tax evasion by organizing a tanda (unless extra precautions are taken to record the transactions clearly).
[15] The SCJN stated that workers can be fired from their job if they participate in a tanda that causes social distress in the workplace.