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I created a Money Club on this app, with 3 of my childhood friends. Each one of us contributed Rs.500 per month and we pooled up Rs.2000 per month. I picked up this Rs.2000 in the second round (second month) to pay off my broadband bill.
Now each one of us has decided to contribute Rs.2500/month, pooling up a total of Rs.10,000/month. Excited to pick this BULK MONEY!
Peer to peer chit fund is an innovative concept. It helps people get access to bulk amount of money when they really need it , at low interests and without any useless paperwork!
