In some parts of Central Africa, this saving system is known as 'Tontine', 'Njangi', 'Likelemba'. A participant contributes a fixed amount of money each month to be saved over a fixed period of time. They receive the total of what they've saved at the end of the period. For example, if you save $200 per month for 10 months, you receive the $2,000 after just 2 months of contribution and then continue contributing $200 every month over the next 9 months.

Conditions to qualify

• Must be based in Canada
• Must be employed
• Must be a Dohzy member with a high Dohzy score ( 13 and above )

Please note that this is a paid service at Dohzy

How it works

• Within the dohzy platform request to participate in the savings program

• In the request you will choose how much you can contribute per month and how much you want to receive

• Dohzy will give you a response within 48 hours

• Once approved, you have to pay a particiption fee

• Once the payment is received, your account will be configured and set up for you

• You can then make your monthly contributions in the platform and you also receive your contribution through the platform