Hi all,<p>Am creating a group saving app and would like to do a survey on how you manage and run your ROSCA's.
If you do not know what a ROSCA is you are probably not in a developing country and can read about them at https://en.wikipedia.org/wiki/Rotating_savings_and_credit_association and https://en.wikipedia.org/wiki/Chama_(investment) .<p>What I would like to know is below :-<p>1.) How do you decide when to meet<p>2.) Do you lend cash to group members and is there interest<p>3.) Do you use money collected for a particular purpose/investment or do you just give the cash to each member after some period.<p>4.) How many members are you<p>5.) If an app was to be created for such groups what kind of features would you require<p>6.) How much do you collect per person?