How ROSCA Works
A simple guide to understanding rotating savings and credit associations
1
Join or Create a Group
Join an existing ROSCA group or create your own. Set contribution amounts, rotation frequency, and member limits.
2
Make Regular Contributions
Each member contributes a fixed amount at regular intervals (daily, weekly, or monthly) as agreed by the group.
3
Rotation Schedule
Members receive the pooled funds in rotation. The order can be predetermined, random, or based on need.
4
Receive Your Share
When it's your turn, you receive the total pooled contributions from all members for that rotation period.
Ready to Get Started?
Download the PayWallet ROSCA app and start managing your rotating savings groups today.