Joola helps you set up and manage savings pools with your friends and family. It's easy to track group activities because Joola automatically handles payments!

You can use Joola to pay off debt, plan for major expenses, or build an emergency fund.

****** HOW IT WORKS ******
1. Create or join groups that fit your money goals
Choose groups with payment terms you feel comfortable with.
2. Contribute to your group money pool
Each group member contributes a set amount at regular intervals (bi-weekly, monthly) until everyone has received their payouts.
3. Get paid when it is your turn
The money pool is a great way to build up your savings and access funds when needed.

****** PRICING AND REWARDS ******

The first payout - pay 7% per group payout.

For example: If you join a group of four people and each person contributes $100 per month, the total payment will be $300. If you are third in line for individual payout from that group, your service fee would only be $21.

=========

The second payout in the group - pay 6% per group payout.

For example: If you join a group of four people and each person contributes $100 per month, the total payment will be $300. If you are second in line for individual payout from that group, your service fee would only be $18.

=========

The third payout in the group - pay 5% per group payout.

For example: If you join a group of four people and each person contributes $100 per month, the total payment will be $300. If you are third in line for individual payout from that group, your service fee would only be $15.

=========

The last payout position in a group will receive +1% per payout.

For example: If you join a group of four people and each person contributes $100 per month, the total payout will be $300. You will earn a cash bonus of $3 for receiving the last group payout.

****** WHAT IS JOOLA? ******

> Joola is a digital version of the Rotating Savings and Credit Association (ROSCA).
> Joola combines security measures enabled by technology with cultural traditions from across the world to empower people to save.

They are commonly known as tandas (Latin America), chama (Swahili-speaking East Africa), stokvel (South Africa), susu (West Africa and the Caribbean), hui (會) (Chinese communities in East and Southeast Asia), gye (계) (South Korea), tanomoshiko (頼母子講) (Japan), Chit Fund (India), pandeiros (Brazil), juntas (Peru), arisan (Indonesia), lenshare (เล่นแชร์) (Thai), dhukuti (Nepal), and menage (Scotland).

> Joola helps individuals save and build better financial habits by making it easier for them to work together.

****** EASY AND SECURE ******
+ Joining a group is easy and free, so invite your friends!
+ We will never share your information with any third party without your consent.
+ We take every possible measure to ensure the safety and confidentiality of your data.

Disclaimer: Joola is not a pyramid scheme, lender, advisor, broker, credit repair company, credit reporting agency, or financial institution. Joola does not give away money for free.