Community savings clubs are designed to help you save money — but they can end up costing you, too. Between tipping a hand and travelling to collect cash, it can cost more than you think to set up or join an ajo, esusu, or pardna scheme.
The Bloom app helps you stay on track, while taking the hassle and expense out of managing a savings club. Create a Bloom Circle easily in your app by selecting the number of people, the amount to pay in, and how often you want to pay in. Invite your trusted friends to your Circle with your favourite messaging app. Approve your Circle members and connect your debit card and bank account and leave the rest to us.
Bloom Money safely and securely collects pay ins and ensures on-time payouts directly to your bank account. No more running to the cash machine or sending the little ones out with your hand. Leave the notebook at home, Bloom Money brings transparency and convenience to your savings club.