Startup Battlefield Mena 2018: Money Fellows

Recorded on October 3, 2018.
Moneyfellows enables access to interest free credit and helps savers to easily reach their saving goals. We do this by digitizing the traditional ROSCA model (Rotating Savings and Credit Association).
How it works:
1- Group of people joins together to contribute a fixed monthly installment into a common pot.
2- Every month one of the users takes the whole pot as a payout.
3- Circle ends when all circle participants gets his/her payout once.
4- Circle is then usually repeated with the same group of people over again.