Frequently Asked Questions
Please can you explain more about Alajo.club
Alajo-club is a financial technology app that allows you to save in a group (ajo/esusu/adashe) or save alone using Solo option (piggybank). The longer your money stays in ajo and kolo, the more the tendency for it to grow.
Alajo-club is an alternative to cooperatives association, it allows you to access the sum total of a joint savings rather than using a loan to access such amoun through the cooperative model. The relationship of the Ajo memebers servces as indemnity for the funds you receive till you pack back at the stipulated time with your rotations savings.
You can also access other products through your Alajo-club in the nearest future.
How do I join Alajo-club
You can join Alajo.club through the Ajo coordinator or via the ajo link by creating an account with your your full name (this must match your bank account. name and identity cards name), phone number, email address, password and transaction pin.
How do I upgrade my Ajo score / increase my saving limit?
Your Ajo Score or Saving Limit can determine what sorts of Ajo Groups you can create and join. To increase your limits, you need to make payments on time and fund your ajo wallet regularly. For each ajo payment made on time and money added to your wallet, your score goes up.
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