Hagbad

By Hagbad on AppTrack Ninja.

Hagbad helps people organise and manage group savings. Group savings are when a group of people agree to contribute the same amount of money regularly, and each member receives the total amount once during the cycle. It is a simple way for communities to save money together and access a larger lump sum when it is their turn. For example, if 10 people each contribute £100 every month, the group pot becomes £1,000. Each month a different member receives the £1,000 until everyone has had their turn. This system has existed for generations around the world. You may know it by different names such…

Categories: Finance, Utilities

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