Some settings changes will require a majority vote from group members
before taking effect.
Group Information
Basic details about your group
Group Status
Current state of your group
Emergency Fund
A portion of each contribution goes into a shared safety
net
This fund helps cover unexpected expenses like late payment
penalties or emergency needs for members. The percentage determines how much of each
contribution goes into this fund.
Current Balance
45,000 XAF
Available for group emergencies
Contribution Rate
5%
Adjust how much of each member's contribution goes to the
emergency fund
0%5%10%15%20%
At 5%, each 300,000 XAF contribution adds 15,000 XAF to the fund
Withdrawal Rules
When members can access funds
Immediate Access
Members can withdraw as soon as they receive the pot
Decision Making
How group decisions are approved
Majority Vote
Decisions require more than 50% approval (7 of 12
members)
This setting cannot be changed once the group is active
Member Exit Policy
Rules for leaving the group
No Early Exit
Members must complete the full cycle before leaving
This setting cannot be changed once the group is active
Transparency & Visibility
Control what members can see
Payment History
Members can view all payment records
Member Contact Info
Show phone numbers and emails to all members
Collection Order
Display who receives the pot each cycle
Group Administrators
Members with admin privileges
JD
Jean Dupont
Group Creator
Owner
MK
Marie Kouame
Co-Administrator
Danger Zone
Irreversible actions that affect the entire group
Payment Schedule
When contributions are due
1st of Every Month
Payments due at 11:59 PM on the first day of each
month
Next Payment
Mar 1, 2024
In 8 days
Payment Amount
300,000 XAF
Per member
Accepted Payment Methods
How members can contribute
Mobile Money
MTN, Orange, Moov
Active
Bank Transfer
Direct bank deposit
Disabled
Cash Payment
In-person collection
Disabled
Late Payment Penalties
Fees for overdue contributions
Fixed Penalty
A fixed amount charged for each late payment
XAF
Percentage Penalty
Penalty based on a percentage of the contribution
amount
5%
1%10%20%
At 5%, late fee would be 15,000 XAF
Last updated Jan 15, 2024 • Approved by 11/12 members
Grace Period
Buffer time before penalties apply
3 Days
Members have this buffer after due date before penalties
3
0 days7 days14 days
Set to 0 for immediate penalties after due date
Payment Verification
How payments are confirmed
Automatic
Verification
Payments are automatically verified through payment
gateway
Manual Verification
Admin must manually confirm each payment
Transaction Fees
Who pays processing fees
Deducted from Pot
Fees taken from the total pot amount
Paid by Member
Each member pays their own transaction fees
Estimated Fee per Transaction
~1,500 XAF (0.5%)
Member Capacity
Group size limits
12 of 12 Members
Group is at full capacity
This setting cannot be changed once the group is active
Membership Requirements
Criteria for joining the group
Join Request Approval
How new members are accepted
Admin Approval
Group administrators review and approve requests
Member Vote
All members vote on new member applications
Automatic
Anyone can join if they meet requirements
Member Roles & Permissions
What different members can do
Administrator
Manage group settings and members
Edit Settings
Modify group configuration and policies
Manage Members
Add, remove, or update member information
Verify Payments
Confirm and approve member contributions
Create Polls
Start votes on group decisions
Standard Member
Regular participation and voting
Make Payments
Submit contributions to the group
Vote on Proposals
Participate in group decision making
View History
Access group transaction and activity logs
Member Removal Policy
Conditions for removing members
Automatic Removal
Members removed after 3 consecutive missed payments
Member Vote Required
75% of members must vote to remove a member for other
violations
Waiting List
Queue for new members when group is full
3 People on Waiting List
Interested members will be notified when spots open
Member Communication
How members can contact each other
Payment Reminders
Automated notifications before due dates
7 days before due date
3 days before due date
1 day before due date
On due date (morning)
Late Payment Alerts
Notifications for overdue payments
Group Activity Updates
Stay informed about group events
Voting & Proposals
Notifications about group decisions
Notification Channels
How members receive notifications
Quiet Hours
Limit notifications during certain times
9:00 PM - 7:00 AM
No notifications during these hours (except urgent)