Three savings models. One trusted ledger.
Every Njanghi group runs on one of three time-tested community finance models — digitised, automated, and fully visible to every member.
ROSCA: the Rotating Pot
A Rotating Savings and Credit Association is the classic Njanghi: every member contributes the same fixed amount on the same schedule — weekly or monthly — and the entire pooled contribution ("the pot") is handed to one member each cycle, rotating until every member has received their turn.
- Fixed contribution amount, fixed schedule — no surprises
- Njanghi auto-generates a fair rotation order and reminders
- Best for: lump-sum goals — stock for a business, school fees, appliances
| Cycle | Contribution per member | Pot value (6 members) | Recipient |
|---|---|---|---|
| 1 | R500 | R3,000 | Amara |
| 2 | R500 | R3,000 | Kofi |
| 3 | R500 | R3,000 | Zola |
| 4 | R500 | R3,000 | Tariq |
| 5 | R500 | R3,000 | Naledi |
| 6 | R500 | R3,000 | Bashir |
| Member | Total saved | Active loan | Interest accrued |
|---|---|---|---|
| Amara | R6,000 | — | R0 |
| Kofi | R6,000 | R2,500 | R125 |
| Zola | R6,000 | — | R0 |
| Tariq | R6,000 | R1,000 | R50 |
| Group fund: R22,500 | Year-end interest pool: R175 | ||
ASCA: the Group Bank
An Accumulating Savings and Credit Association pools contributions without distributing the full amount immediately. Instead, the group becomes its own informal bank — members can borrow from the accumulated fund, repay with interest, and at the end of the annual cycle, interest is shared out or reinvested.
- Members can request a loan from the pooled fund, with group-set terms
- Interest tracked automatically and shown to every member in real time
- At cycle-end: distribute profit, or roll it into next year's fund
- Best for: groups wanting ongoing access to credit, not just a lump sum
Goal & Care Cover
Built for life's milestones and emergencies — burial societies, wedding clubs, illness support. Members pay a regular premium into a shared fund. When a qualifying event happens to a member's family, the group releases a cash payout and coordinates practical support: food, tents, transport, and logistics, all visible in the group feed.
- Set your premium and your covered events (burial, wedding, illness, etc.)
- When a claim is raised, members are notified and can contribute extra
- Logistics checklist: who's bringing tents, food, transport — coordinated in-app
- Best for: families and communities formalising mutual-aid traditions
Bereavement support: Naledi's family
- Tent & chairs — Kofi confirmed
- Catering for 80 — Zola confirmed
- Transport — pending volunteer
Which model fits your group?
| Feature | ROSCA — Rotating Pot | ASCA — Group Bank | Goal & Care Cover |
|---|---|---|---|
| Funds distributed | Fully, each cycle, to one member | Partially — loans only, fund stays pooled | Only on a qualifying event/claim |
| Best for | Predictable lump-sum goals | Ongoing access to credit | Emergencies & milestone events |
| Interest | None | Charged on loans, shared at year-end | None — premium-based |
| Cycle length | Weekly / monthly, ends when all members paid | Typically annual | Ongoing / open-ended |
| Njanghi automation | Rotation order, reminders, payout tracking | Loan ledger, interest calc, year-end split | Premium tracking, claims, logistics board |