Creating a rotating Ajo circle
Set the amount, schedule and payout rules, then invite your members.
What you choose
- Contribution amount and frequency (daily, weekly or monthly)
- Payout frequency: how often one member receives the pot
- First contribution date, due time and grace period
- Late-payment and shortfall rules
- Payout order method: you propose an order, members agree a manual order, or a random draw (only if everyone agrees to a random draw before it happens)
Activation
The circle starts only when every seat is filled, every member has accepted the agreement and the risk notice, and everyone has agreed to the final payout order.