ElGamaeya Enables the offline users of ROSCA model to organize their Cycles more, and transfer their money securely without consuming time and effort.

A ROtating Savings and Credit Association (ROSCA) is a group of individuals who agree to meet for a defined period in order to save and borrow together.

A group of people deposits regular sums of money over a fixed interval with a principal individual, known as ‘the banker’.
The money then goes into a central fund.
Each person in the group will take a turn in withdrawing all that money.

For example, if ten partners pay in £10 each week, over the next ten weeks each week the banker will pay £100 (the draw) to one partner.
This is done each week until every partner member has taken part in a draw.
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What's New

bug fixes and improvements
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Additional Information

Updated
November 18, 2020
Size
8.7M
Installs
1,000+
Current Version
5.0
Requires Android
4.1 and up
Content Rating
Interactive Elements
Users Interact
Permissions
Offered By
Elgameya Development
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