Document text
Group: [GROUP NAME]
Coordinator: [FULL NAME], [PHONE]
Contribution per member, per round: ₦[AMOUNT]
Members / rounds: [NUMBER] / [NUMBER]
Pot each round: ₦[AMOUNT × MEMBERS]
Collection days: [EVERY DAY / EVERY WEEK / EVERY MONTH], from [FIRST DATE] to [LAST DATE]
Order of turns: agreed on [DATE] in front of all members ([DRAWING LOTS / AGREEMENT])
How contributions are paid: [CASH TO THE COORDINATOR / BANK TRANSFER TO ACCOUNT ____] on or before each collection day
Order of turns
Turn Collection day Member Pot
#1 [DATE] [NAME] ₦[POT]
#2 [DATE] [NAME] ₦[POT]
#3 [DATE] [NAME] ₦[POT]
#4 [DATE] [NAME] ₦[POT]
#5 [DATE] [NAME] ₦[POT]
Rules we agree to
1. Every member pays ₦[AMOUNT] on or before every collection day, until the last round — also after taking the pot.
2. No interest, no fee, no deduction: every member puts in exactly the pot and takes exactly the pot once.
3. Turns are not sold. Two members may swap turns only if both sign the swap below and the coordinator records it.
4. A member who is late is reminded the same day. A member who has already taken the pot and stops paying still owes the remaining contributions to the group.
5. A member who leaves before taking the pot gets back what they paid, at the end of the ajo.
6. The coordinator records every contribution in the tracker and shows it to any member who asks.
Members and signatures
Turn Name Phone Signature
#1 [NAME] [PHONE]
#2 [NAME] [PHONE]
#3 [NAME] [PHONE]
#4 [NAME] [PHONE]
#5 [NAME] [PHONE]
Coordinator: [FULL NAME]
Signature: ____________________
Date: [DATE]
Swaps of turns (both members sign): ______________________________________________
A savings agreement among members, not an investment.
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