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chamapay
ChamaPay is a mobile app designed to simplify and enhance rotary saving, enabling users to create and manage group savings (chamas) effortlessly.
Rotary saving - whereby people form a group(known as chama in EastAfrica) agree on a fixed amount of money and a cycle time (e.g 2 weeks). After the cycle time, each member is required to have contributed/given the fixed amount, the money is pooled together and given to each member in a rotational manner.
The traditional rotary saving group has the…