Chit
(India)
You may know it as Chit, Komiti, Pardna, Adashe, Ekub, or Esusu.
Everyone has their name for it. We call it Committee.
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If your parents or grandparents are scared to understand another complicated app, then don't worry!
Our app's user interface is so easy to understand that as long as you're above the age of 18 anyone can set up a Committee quickly and safely.
We utilize Plaid’s Identity Verification (IDV) solution with its Anti-Fraud Engine to ensure fraud is kept to a minimum.
Set timely notifications to remind users of their payments.
Deposits and pay-outs are simple to manage
Track who has or has not made a payment in your Committee.
Committee is a trusted method for friends and families to collect money together and help each other achieve their financial goals.
Invite your trusted peers: families, friends, or members of your club and community.
Make sure everyone in your group is comfortable paying a set amount each month.
When everyone has paid their deposit, one person in each group will receive the collected amount.
This cycle repeats itself until everyone in the group has been paid out.
Committee is a trusted method for friends and families to collect money together and help each other achieve their financial goals.
Invite your trusted peers: families, friends, or members of your club and community.
Make sure everyone in your group is comfortable paying a set amount each month.
When everyone has paid their deposit, one person in each group will receive the collected amount.
This cycle repeats itself until everyone in the group has been paid out. No one loses out and along the way you helped others.
Committee is almost here – don’t miss out!
