Group Susu (ROSCA)

Save Together, Prosper Together

Transform traditional group savings with modern technology. Join or create trusted savings circles with automated payouts and transparent tracking.

WHAT IS GROUP SUSU?

Group Susu (also known as ROSCA, Rotating Savings and Credit Association) is a traditional African savings method in which a group of trusted friends, family, or colleagues regularly pool money, and each member receives the full pot in rotation.

Traditional names: Susu (Ghana), Ajo (Nigeria), Tontine (Francophone Africa), Esusu (Yoruba), Chama (East Africa)

HOW IT WORKS - SIMPLE EXAMPLE

Example: 10 Friends Saving Together

- Group Size: 10 members

- Weekly Contribution: GHS 100 per person

- Frequency: Every 7 days

- Cycle Duration: 10 weeks

How the Rotation Works:

Week 1: All 10 members contribute GHS 100 → Member A receives GHS 1,000

Week 2: All 10 members contribute GHS 100 → Member B receives GHS 1,000

Week 3: All 10 members contribute GHS 100 → Member C receives GHS 1,000

... and so on until everyone receives their turn

Week 10: All 10 members contribute GHS 100 → Member J receives GHS 1,000

RESULT: Each member saves GHS 1,000 over 10 weeks BUT receives the full amount early in the cycle when it's their turn - perfect for large purchases or emergencies!

WHY CHOOSE NAA SIKA GROUP SUSU?

TRUST-BASED SAVINGS

Save with people you know and trust - friends, family, colleagues, church groups

DISCIPLINED SAVING

Regular contributions build strong savings habits and accountability

QUICK ACCESS TO FUNDS

Get a lump sum early without waiting to save the full amount yourself

100% DIGITAL

No cash handling, no meetups - everything managed through WhatsApp/SMS

AUTOMATED REMINDERS

Never miss a contribution with automatic SMS/WhatsApp reminders

FULL TRANSPARENCY

See all contributions and payouts in real-time - no hidden transactions

FLEXIBLE PAYMENT

Pay via Mobile Money (MTN, Vodafone, AirtelTigo) or Cash Account

MULTIPLE SLOTS

Want bigger payouts? Buy 2-5 slots and receive multiple payouts per cycle

HOW TO GET STARTED

1. CREATE OR JOIN A GROUP

Create: Start your own group and invite trusted friends

Join: Get a 6-digit code from a friend and join their group

Setup fee: GHS 30 per slot (one-time per cycle)

2. SET GROUP RULES

- Choose contribution amount (GHS 100 - 5,000)

- Select frequency (Every 7, 14, or 30 days)

- Decide group size (3-50 members)

3. START CONTRIBUTING

- The group starts when a minimum of 3 members join

- Contribute regularly via Mobile Money or Cash Account

- Get automatic reminders before each contribution

4. RECEIVE YOUR PAYOUT

- Payout order assigned by group admin

- When it's your turn, receive the full pot automatically

- All members notified of every payout

IMPORTANT INFORMATION

Trust & Responsibility:

- Only join groups with people you know physically - colleagues, family, church members, friends

- Mutual trust is essential - all members must commit to regular contributions

- Platform limitation: Naa Sika provides the technology, but is NOT responsible for member defaults or non-payment

- Group responsibility: Groups work best when all members know and trust each other

PRICING & FEES

Setup Fee: GHS 10 per slot (one-time per cycle)

Transaction Fee: Normal MoMo charges

Late Payment Penalty: GHS 10 per late contribution

PERFECT FOR...

SCHOOL FEES

10 parents save GHS 500/week. Each receives GHS 5,000 when it's their turn to pay school fees.

RENT PAYMENT

12 friends save GHS 200/week. Each receives a GHS 2,400 rent advance when needed.

CHRISTMAS SHOPPING

8 colleagues save GHS 150/week. Each receives GHS 1,200 for December expenses.

EMERGENCY FUND

15 family members save GHS 100/week. GHS 1,500 available for emergencies on rotation.

FREQUENTLY ASKED QUESTIONS- Ask Questions here wa.me/233246337597

READY TO START?

Start Your Group Susu Journey Today!

Create New Group | Join Existing Group

Go to WhatsApp to wa.me/233246337597 select 1️⃣ Deposit and then chose GROUP SUSU in your account

Need help? Our support team is available Mon-Sat, 8am-6pm via WhatsApp. wa.me/233550891264

WHY NAA SIKA?

✅ Regulated financial service

✅ Secure payment processing

✅ Transparent transaction tracking

✅ Multi-language support (English/French)

✅ Serving 5,000+ customers across Ghana