Joining a Tanda to Stay Afloat

Angel Luna was in trouble.

He owed $13,000 after a car accident, owed $20,000 to a vocational school he dropped out of, and had debt on multiple credit cards.

He was scrambling to make up the money- collecting cans, working three or four jobs, and borrowing money from friends and relatives- but he wasn't making much progress.

Then, Luna's mother suggested he join a tanda- it's a community savings program that's practiced all over the world and is gaining popularity in the United States via immigrant communities, says producer Andrew Stelzer.

Listen to find out whether it worked for him.