Credit Programs
ROSCA Services
Digitize rotating savings and credit associations with modern group management, automated collections, and transparent payout systems.
What is a ROSCA?
A Rotating Savings and Credit Association (ROSCA) is a group-based savings mechanism where members contribute fixed amounts at regular intervals. Each period, one member receives the entire pool, rotating until every member has received a payout.
Known by many names worldwide—chit funds in India, tandas in Latin America, susus in West Africa, and hui in China—ROSCAs have been helping communities save and access credit for centuries.
Our platform digitizes this time-tested model, bringing transparency, security, and scalability to community savings groups.
Example ROSCA Group
How it works
A simple, proven model for community savings and credit access.
Form a Group
Create a ROSCA group with defined contribution amounts, frequency, and total number of participants.
Collect Contributions
Members contribute a fixed amount at regular intervals. Automated collection via mobile money or bank transfer.
Distribute Payouts
Each cycle, one member receives the pooled funds. Rotation determined by lottery, auction, or schedule.
Complete Cycle
Every member receives one payout. Group can disband or start a new cycle with same or new members.
Powerful ROSCA management tools
Everything you need to launch and manage digital ROSCAs at scale.
Group Management
Create and manage savings groups with flexible member limits, contribution schedules, and payout rotations.
Automated Scheduling
Configure contribution frequencies—weekly, bi-weekly, or monthly—with automated reminder notifications.
Payout Management
Fair and transparent payout rotation with lottery, auction, or predetermined sequence options.
Default Protection
Built-in safeguards including guarantor requirements, emergency funds, and member scoring.
Group Analytics
Real-time visibility into group health, collection rates, and member participation metrics.
Smart Notifications
Automated reminders for contributions, payouts, and group milestones via SMS, email, or push.
Why digitize ROSCAs?
Financial Inclusion
Bring formal financial services to underserved communities through trusted group savings models.
Transparent & Secure
Full audit trails, member visibility, and secure fund management with regulatory compliance.
Cycle Management
Seamlessly manage multiple cycles with automatic rollover and new member onboarding.
1B+
People use ROSCAs globally
99%
On-time contribution rate
50K+
Groups managed
$100M+
Funds facilitated
Plan your ROSCA
Calculate contributions, payouts, and cycle duration for your savings group.
ROSCA Savings Calculator
Plan your group savings and payouts
Group Summary
Payout Rotation
Each number represents a member's payout position
Ready to digitize community savings?
See how Paywallet can help you bring modern ROSCA services to your community.