Merry-go-round (ROSCA) tracking that everyone can see
In a merry-go-round, everyone contributes the same amount and one member takes the whole pot each round until everyone has had a turn. It only works if everyone pays on time and everyone trusts the order. ChamaBook makes both visible.
What merry-go-rounds need
A fair, agreed order of turns
Proof of who has paid into the current round
The pot paid to the right person, on time
A record that survives a lost phone or a change of treasurer
How ChamaBook helps
Rounds and turns. Set the order once. Everyone sees whose turn it is and how far the cycle has come.
Payments into the round. Contributions by M-PESA are matched to the member and the round; late payers are reminded.
Paying the pot. The payout is approved by your officials and sent by M-PESA or recorded when paid in cash.
Alongside savings. Many groups run a merry-go-round next to savings and loans; ChamaBook keeps both in one book.
A typical set-up
Twelve members paying KES 2,000 every month, one member receiving KES 24,000 each month in the agreed order, with a KES 100 fine for paying after the 3rd.
Questions merry-go-rounds ask
How does ChamaBook run a merry-go-round?
Create a cycle with the contribution amount, frequency and order of members. ChamaBook shows who has paid into the current round and who is next, and raises the payout to that member for the officials to approve.
Can a group run a merry-go-round alongside savings and loans?
Yes. The merry-go-round is one feature of the group's book, so the same members can save, borrow and take part in rotations, each tracked separately.