Savings circles and tontines
Know who paid and who receives, round after round. Simple methods, concrete examples, and the details to check before confirming a record.
Guides in this topic · 8
How a tanda works: rules, risks and tips
How a tanda works: numbers, the organizer's role, which spot to pick, Mexico's 2024 survey data, fake savings clubs, lending circles and rules that work.
Updated 25 Sept 2026
Online savings circles: how they work and the risks
Online savings circles: group chats, ledger apps and platforms that collect the money. How they work, the real benefits, the risks and what to check before joining.
Updated 26 Sept 2026
Savings circle apps: tanda, susu and ROSCA apps compared
Tanda, susu and ROSCA apps split into two kinds: those that move your money and must be regulated, and ledger apps. Six options checked on 25 September 2026.
Updated 26 Sept 2026
Susu: how the savings circle works in Ghana and the Caribbean
Rotating susu or susu collector? How each works, what collectors charge, Bank of Ghana rules, and the Caribbean partner, sou-sou, box hand and sòl.
Updated 25 Sept 2026
Paluwagan: how the Filipino savings circle works (and how to run one safely)
How a paluwagan works: slots, bunutan draws, payday cycles, a worked example in pesos, the SEC's warnings on online 'paluwagan' schemes, and rules that keep it fair.
Updated 26 Sept 2026
Chit funds explained: how the auction works, the law, and the risks
How an Indian chit fund auction works, with a worked example: bids, the foreman's 7% cap, the share of discount, what early and late winners pay, and the law.
Updated 26 Sept 2026
How to run a savings circle: ledger, written rules and late payments
The savings circle organiser’s job: a rules template and a ledger to copy, wording for late payments and dropouts, a payout routine and records for disputes.
Updated 26 Sept 2026
Tanda, susu, chama, tontine: the global guide to savings circles (ROSCAs)
How a rotating savings circle works, its names around the world, World Bank figures, bidding circles, credit building, scams to avoid and the rules that keep it fair.
Updated 26 Sept 2026
Say it once. Binome360 keeps the record.
A sentence, a voice note or a receipt photo: the assistant prepares the record in the right space, you confirm. 7 days free.