Frequently asked questions
A digitised 'ajo' platform
No, only group savings are administered
All monies are paid into a central corporate account. At due date, your collectable is paid into your bank account.
No. Savings must continue till the end of the tenure.
Group savers may get interests on savings if they select a due month that is at least 3 months earlier than the end of the savings tenure. To be eligible for interests, they will collect at the end of the tenure. You can request for interests on the groups you joined.
Once you pick your slot, You will be subscribed for the plan and payments will be automatically charged on your account
19 Gbemisola Street, Ikeja, Lagos
If you are yet to collect, you will be charged 25% default fee. If you have collected you will be charged 50% default fee. If paid within the 2 days grace period, the default charge will be canceled
We will ensure that payout to savers are processed on or before due dates. We will ensure that even a default may not interfere with the payout. However, we may not have control over how new bank policies may affect our payout timelines. We will ensure we comply with new policies as soon as they are handed down
No hidden charges. Each saver is expected to pay a one-time commitment fee when picking a slot. An administrative fee is also paid monthly as you save