Ajo - Digital Group Savings
Traditional African savings groups, reimagined for the digital age. Save together, support each other, achieve your goals faster.
5,000+ Active Groups
100% Transparent
Automated Payouts
Traditional Savings, Modern Technology
Ajo (also known as Esusu, Adashe, or Rotating Savings) is a time-tested West African savings tradition where groups of people contribute fixed amounts regularly, and members take turns receiving the total pot.
Cashelio brings this trusted system into the digital age with automated contributions, transparent tracking, and guaranteed security - making it easier and safer than ever to save with your community.
Forced Discipline
Regular contributions help you build consistent saving habits
Access to Lump Sum
Get a larger amount when it's your turn to receive the pot
Community Support
Save with trusted friends, family, or verified community members
Example: 10-Member Ajo
Members
10 people
Contribution
₦10,000/month
Total Pot
₦100,000/month
Duration
10 months
Result
Each member contributes ₦10,000 monthly for 10 months (₦100,000 total) and receives ₦100,000 lump sum when it's their turn!
Simple 6-Step Process
Join or create a group in minutes and start saving together
Step 1
Create or Join a Group
Start your own Ajo group or join existing ones in your community
Step 2
Set the Rules
Agree on contribution amount, frequency, payout order, and duration
Step 3
Make Contributions
Automated deductions from your wallet on scheduled dates
Step 4
Track Everything
Monitor all contributions, payouts, and group activity in real-time
Step 5
Receive Your Pot
Get the full pot amount automatically deposited when it's your turn
Step 6
Cycle Continues
Group can restart for another round or members can exit
Choose Your Savings Style
Fixed Order Ajo
Payout order is decided at the beginning and never changes
Predictable payout dates
Good for planned expenses
Most common type
Random Order Ajo
Payout order is randomly selected each cycle
Fair and unbiased
Exciting element of chance
Equal opportunity
Bid-Based Ajo
Members bid for early position with small premium payments
Flexible access to funds
Rewards for waiting
Market-driven
Goal-Based Ajo
Designed for specific savings goals like rent, school fees, etc.
Purpose-driven saving
Deadline accountability
Milestone tracking
Why Choose Digital Ajo
Automated Collections
No chasing members for payments - contributions are automatically deducted on schedule
Secure Escrow
All funds held in secure escrow accounts until payout time
Full Transparency
Every member can see all transactions, balances, and upcoming payouts
Smart Notifications
Get reminders for upcoming contributions and payout dates
Member Verification
All members verified with BVN and ID for added security
Progress Tracking
Visual dashboards showing group progress and individual contributions
Frequently Asked Questions
What happens if a member doesn't pay?
What happens if a member doesn't pay?
We use automated deductions from verified wallets to ensure timely payments. If a member's wallet has insufficient funds, they receive immediate notifications and have a 48-hour grace period. Repeated defaults result in removal from the group and negative credit scoring.
Can I join multiple Ajo groups?
Can I join multiple Ajo groups?
Yes! You can join as many groups as you want, as long as you have sufficient funds in your wallet to cover all contributions. Our system helps you track all your groups in one dashboard.
How do I know I can trust my group members?
How do I know I can trust my group members?
All members must be verified with BVN and government-issued ID. You can also see each member's Cashelio credit score, number of completed Ajo cycles, and reviews from other groups. You can create private groups with only people you know and trust.
What if I need to exit a group early?
What if I need to exit a group early?
You can exit a group only if: (1) you haven't received your payout yet, (2) you find a replacement member approved by the group, and (3) the group admin approves. Early exit without replacement may result in credit score penalties.
How are disputes handled?
How are disputes handled?
Our platform has a built-in mediation system. Since all transactions are recorded and transparent, disputes are rare. When they occur, our support team reviews the complete transaction history and facilitates fair resolution based on the agreed group rules.
Can I create an Ajo with people from different cities?
Can I create an Ajo with people from different cities?
Absolutely! That's one of the biggest advantages of digital Ajo. Geographic location doesn't matter - all you need is a Cashelio wallet. This opens up opportunities to save with family and friends across Nigeria and beyond.
