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There is power in unity! A member only Rotating Savings and Credit Association (ROSCA) community. Build generational wealth, budget, and save! Save cash, and meet goals via group contribution with automatic re-contribution. It’s simple to receive started: 1. Download and sign-up 2. Background check via Checkr 3. Approval required 4. Select subscription 5. Contribute 6. Payout Our Rotating Savings & Private Savings features are the excellent solution. How a ROSCA Works In this ROSCA business model, members pool their cash into a common fund, generally structured around monthly contributions, and a single member withdraws the cash from it as a lump sum/goal at the end of each cycle. This continues for as long as the group exists. With Social Savings Club, you can set up automatic private savings, or rotating groups with family, mates, and associates. Example of a ROSCA A ROSCA is established, should gather four trustworthy individuals, and require each of them to initially contribute $1,500 to the fund. At the end of the first cycle, the first member to enter the rotation cycle has reached the goal of $6,000, taking home a lump sum (minus re-contribution and admin fee). In the second rotation cycle, other member would reach the goal of $6,000. This would continue, until everyone has a turn with the proceeds. With our special recontribution feature, this will continue as long as the community exists. What can you do in the Social Savings Club app? Group Contribution With Social Savings Club, you can join a rotating savings group (ROSCA) with family, mates, or co-workers. Contributions are rotated among members based on rotation put. The payout can be everyday, weekly, or monthly. We have two types of rotating savings groups: • Public groups: Keep a public group invitation code from any member or our agents. Or let our apk to put you in a group. Coming soon • Personal groups: Here, you are in charge, along with our assistance. Instead of using an informal platform to organize your group contribution, you can easily use Social Savings Club to set up the group and invite your mates, family and co-workers. The advantage is that your members receive to build generational wealth by using our platform to organize their contributions and recontribution. The apk contains two various saving models that will assist you save money: Coming soon: 1. ROSCA 1.0: Habit savings. Make generational wealth via contribution and payout of funds that you place in, withdrawal and hold a history of all your transactions. Then, just allow our apk track and assist you reach your target budget. 2. ROSCA 2.0: Make generational wealth via our profit tactic. With a set in-app goal, accomplish your goal faster with no time limits. Payout should occur: weekly, bi-weekly, or monthly. Then, just allow our apk track and assist you reach your target savings. KEY FEATURES: * Visualize, and hold track of your progress with the rotation cycle and member list. * Notifications so you never miss a payout or necessary info to save cash. * Business Corner, advertise your business, or search products, and services. * Chitter chat to communicate within your group or personal one on one. * Take the worries out of commitment with the no risk re-contribution feature. * Designed to work on every device with any tool ver. * We’ve created it so quick and easy to use that you’ll be able to begin saving cash in a matter of seconds! We will constantly modernize our Apk to help a wider range of features.