10 Susu Product Types

From traditional ROSCAs to AI-powered micro-savings. Every savings need covered.

Group Savings Individual Savings Investment-Linked

Live DigiWealth Savings Catalog

Real-time savings products provisioned in Apache Fineract (default tenant) and synchronized across every DigiWealth touchpoint via the enterprise MariaDB cluster, ensuring ACID-compliant, multi-channel product consistency.

1. Classic Susu Circle

Traditional Rotating Savings & Credit Association (ROSCA)

ROSCA Group

Description

Traditional rotating savings where 3-50 members contribute fixed amounts weekly or monthly. Each member receives the full pot in rotation (sequential or random draw). This is the most popular Susu model in Ghana, trusted for decades by market women, office groups, and student circles.

Key Features

  • Fixed contributions: GHS 10 - GHS 5,000 per cycle
  • Flexible frequency: Weekly, bi-weekly, or monthly
  • 0% interest: Pure capital rotation (no profit motive)
  • Auto-rotation: System tracks whose turn to receive
  • Late penalty: Configurable (typically 5% of contribution)

Example Use Case

Group: 5 market women (friends)

Contribution: GHS 100/week each

Total Weekly Pool: GHS 500

Cycle Duration: 5 weeks (one full rotation)

Payout Schedule:

  • Week 1: Member A receives GHS 500
  • Week 2: Member B receives GHS 500
  • Week 3: Member C receives GHS 500
  • Week 4: Member D receives GHS 500
  • Week 5: Member E receives GHS 500
  • Then cycle repeats...

Result: Each member saves GHS 5,200/year and receives GHS 5,200 once per cycle

Group Size

3-50

Minimum 3, Maximum 50 members

Cycle Length

4-52

Weeks (configurable)

Mobile Money

✓ Yes

MTN, Vodafone, AirtelTigo

2. Stokvel Circle

South African Model — ROSCA with Investment Component

SA Model Group Invested

Description

Similar to Classic Susu but with an optional interest/investment component. Common in South Africa for groceries, events, or burial societies. The pooled funds are invested in low-risk assets (treasury bills, bonds) and members receive both their capital plus a share of the investment returns.

South Africa Market: 800,000+ active stokvels, 11M+ members, R50 billion+ annual turnover.

Key Features

  • Interest component: 2-5% p.a. from investments
  • Investment options: Government bonds, money market funds
  • Larger groups: 5-100 members (scalable)
  • Purpose categories: General, groceries, events, burial
  • Optional insurance: Group life insurance add-on

Example Use Case

Group: 10 church members

Contribution: GHS 200/month each

Monthly Pool: GHS 2,000

Investment: 91-day treasury bills (5% p.a.)

Payout (each member on their rotation month):

  • Capital: GHS 2,000
  • Interest share: GHS 400
  • Total received: GHS 2,400

Advantage: Members earn 20% extra from investment returns

3. Target Saver

Individual Goal-Based Savings Account

Goal-Based Individual

Description

Individual savings account with a specific goal and deadline (wedding, education, land purchase, business capital). The platform tracks your progress with visual indicators and rewards you with bonus interest at milestones (25%, 50%, 75%, 100% of goal). Auto-deduct from mobile money wallet for hassle-free saving.

Key Features

  • Interest rate: 5-8% p.a. (tiered based on balance)
  • Milestone rewards: Bonus interest at 25%, 50%, 75%, 100%
  • Auto-deduct: Optional recurring transfers from MoMo
  • Goal categories: Education, Wedding, Land, Business, Emergency
  • Early withdrawal: Allowed with 2% penalty

Example Use Case

User: Jane, wants to buy land in 2 years

Goal: GHS 50,000

Contribution: Auto-deduct GHS 2,000/month from MTN

Interest: 7% p.a.

After 24 months:

  • Capital saved: GHS 48,000
  • Interest earned: GHS 3,500
  • Total: GHS 51,500 ✓ Goal achieved!

Bonus milestones: Extra GHS 250 at 25%, 50%, 75%, 100% = GHS 1,000 total bonus

Remaining 7 Products — Quick Overview

# Product Name Category Target Users Interest/Returns Demo
4 Pesewa Auto-Save Micro-Savings Everyone (daily auto-save) 3-5% p.a. View
5 Family Vault Joint/Family Families (2-20 members) 6% p.a. View
6 Asoeɛ Circle Event-Based Groups (weddings, funerals) 0% (ROSCA) View
7 SusuInvest Investment Individuals (medium risk) 8-12% p.a. View
8 Agric-Susu Seasonal Farmers (harvest cycles) 8-10% p.a. View
9 Mobile Susu Agent Agent-Assisted Market women, rural savers 0-2% p.a. View
10 KidieSave Children Children (0-17 years) 7-10% p.a. View

Ready to Launch Your Savings Journey?

10 products. 10 ways to save. One platform. From wooden boxes to digital vaults — choose the perfect product for your savings goals.