Office Savings Group
ActiveA monthly savings group for office colleagues to save together and support each other financially.
12/15 members
Monthly cycle
Created 6 months ago
Contribution
50,000 XAF
Per month
Total Fund
3,000,000
XAF accumulated
Success Rate
98%
Payment completion
Group Details
Group Type
Rotating Savings
Payment Schedule
1st of every
month
Duration
12 months
Remaining Spots
3 spots available
Late Payment Fee
2,000 XAF
Group Privacy
Private - Invite only
Group Rules
Monthly Contributions
All members must contribute 50,000 XAF by the 1st of each
month.
Rotating Payouts
One member receives the total fund each month in a
rotating order.
Attendance Requirement
Members must attend monthly meetings or provide notice in
advance.
Commitment Period
Members commit to staying for the full 12-month cycle.
Emergency Fund
5% of each contribution goes to the group emergency fund.
Group Administrator
AK
Alice Kamdem
Verified
Group creator and administrator
Manages 3 groups
4.9 rating
Member since 2022
Current Members
12 members
AK
JD
MN
PL
ST
+7
Membership Benefits
Secure Savings
Your contributions are protected and tracked.
Regular Payouts
Receive lump sum on your turn.
Community Support
Access to emergency fund when needed.
Reminders
Never miss a payment deadline.
Requirements to Join
- Valid phone number for mobile money payments
- Verified identity (ID card or passport)
- First month's contribution (50,000 XAF)
- Registration fee of 5,000 XAF (one-time)
Initial Payment Summary
Registration Fee
5,000 XAF
Contribution
50,000 XAF
Total First Payment
55,000 XAF
By joining this group, you agree to the
group rules and
terms of service