Society Pooled Funds

About the product
This facility allows a group of people with a common social background and understanding pool their funds together. Each group contributes a minimum of $200.00 per month towards their pool. This will be active after 3months.Management and disbursement of funds for a medical need is done according to set constitutional terms. This pooling of funds greatly helps with cover for major hospitalization and surgical bills.
A society can also have its own health credit card facility which covers minor medical emergencies.
Groups can have their closing balances back at the end of 1year or it can be rolled over into the next year.
This society facility is mainly for
• extended family groups,
• neighborhood groups,
• Social groups at churches, workplaces, WhatsApp groups, burial societies etc.
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