Rotational Group Savings
Available now
Save a fixed amount with a group of ten, every period for the whole cycle, and collect the full group contribution when your turn comes.
SWM
Save together. Build together. Grow together.
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SWM runs rotational group savings — Ajo — on one controlled system. Every package below states what you contribute, what you collect at your turn and what SWM charges, before you join anything.
Available now
Save a fixed amount with a group of ten, every period for the whole cycle, and collect the full group contribution when your turn comes.
Available now
SWM’s thrift packages are these same rotational groups: the plans are named Monthly Thrift and Weekly Thrift, and they run on the terms set out below.
Coming soon
Set a personal savings goal and build toward it consistently. This is not running on the platform yet: no target can be opened and no money can be paid towards one.
Coming soon
Savings and financial arrangements for cooperatives and associations. No terms have been published yet, so nothing can be opened on the platform today.
Ten members, one amount, one cycle. Everybody contributes each period and one member collects the group contribution each period, until everyone has had their turn.
Management charge
3%
Late payment charge
5%
Registration charge
₦2,000
₦107,000
You can be in up to two rotational savings groups at the same time.
Whatever your target, SWM gives you a structured way to save consistently and work towards your financial goals.
With SWM, your money has a purpose.
Save With Meaning. Grow With Purpose. Build for Tomorrow.
₦10,700 is your contribution and ₦321 is SWM’s management charge. They are always shown and recorded as two separate amounts.
Monday to Sunday each week
₦10,700 a week for 10 weeks, in a group of 10. You collect ₦107,000 at your turn.
₦75,000
₦7,500 is your contribution and ₦225 is SWM’s management charge. They are always shown and recorded as two separate amounts.
Monday to Sunday each week
₦7,500 a week for 10 weeks, in a group of 10. You collect ₦75,000 at your turn.
₦53,000
₦5,300 is your contribution and ₦159 is SWM’s management charge. They are always shown and recorded as two separate amounts.
Monday to Sunday each week
₦5,300 a week for 10 weeks, in a group of 10. You collect ₦53,000 at your turn.
| Package | Contribution | Cycle | Group size | You collect | With charge per contribution |
|---|---|---|---|---|---|
| Weekly Thrift ₦10,700 | ₦10,700 | 10 | 10 | ₦107,000 | ₦11,021 |
| Weekly Thrift ₦7,500 | ₦7,500 | 10 | 10 | ₦75,000 | ₦7,725 |
| Weekly Thrift ₦5,300 | ₦5,300 | 10 | 10 | ₦53,000 | ₦5,459 |