How to use it
- Pick ajo or esusu (members take turns) or daily thrift with a collector.
- Type how much each person pays each time, the number of members and how often.
- Set the first payout date and any organiser fee.
- Add members’ names in order if you like, then copy or share the schedule.
In ajo or esusu, everyone pays the same amount each round and one member collects the whole pot. In daily thrift, you save daily with a collector who keeps an agreed share, often one day’s savings, as the fee.
Questions
How does ajo work?
Each member pays the same amount every week or month. Each round, one member collects everything paid in that round, until everyone has collected once.
How much is each payout?
Members × the amount each pays, minus any organiser fee. Ten members paying ₦10,000 gives a ₦100,000 payout.
How does daily thrift (alajo) work?
You pay a collector a fixed amount every day for a cycle, often a month. At the end you get your savings back, minus the share the collector keeps.
Is ajo safe?
Only with people you trust. Write down who collects when, share the schedule with every member, and keep records of every payment.
