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ElGameya

ElGameya Enables the offline users of ROSCA model to organize their Cycles more, and transfer their money securely without consuming time and effort

ElGameya Enables the offline users of ROSCA model to organize their Cycles more, and transfer their money securely without consuming time and effort

ElGameya

by ibrahim Salem
ElGameya
ElGameya
ElGameya

What is it about?

ElGameya Enables the offline users of ROSCA model to organize their Cycles more, and transfer their money securely without consuming time and effort.

ElGameya

App Details

Version
1.6.9
Rating
NA
Size
14Mb
Genre
Finance
Last updated
November 29, 2019
Release date
April 20, 2018
More info

App Screenshots

ElGameya screenshot-0
ElGameya screenshot-1
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App Store Description

ElGameya Enables the offline users of ROSCA model to organize their Cycles more, and transfer their money securely without consuming time and effort.

A ROtating Savings and Credit Association (ROSCA) is a group of individuals who agree to meet for a defined period in order to save and borrow together.

A group of people deposits regular sums of money over a fixed interval with a principal individual,
The money then goes into a central fund.
Each person in the group will take a turn in withdrawing all that money.

For example, if ten partners pay in £10 each week, over the next ten weeks each week the banker will pay £100 (the draw) to one partner.
This is done each week until every partner member has taken part in a draw.

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