Step-by-Step Process
Choose a chit group based on your savings and financial goals. Each group has a fixed contribution amount and duration.
All members contribute a fixed amount every month. These contributions form the total pooled amount for that cycle.
Each month, an auction is held where members can bid for the chit amount by agreeing to take a lower payout. The member with the lowest bid wins that month’s funds.
The winning member receives the chit fund amount (after subtracting the discount/bid). The discount is distributed among the remaining members as a dividend.
Let’s make something awesome together
In Vanmoh, you’ll meet people from every walk of life. A lawyer is saving for his daughter’s education. A tailor is planning for his shop. A teacher saving for retirement. A farmer preparing for next season. Big dreams or small needs - we all share one circle of trust.
- Clear process, no hidden terms
- High repeat subscribers year after year
• Access to funds when needed
• Regular monthly dividends for non-winners
• Simple and community-driven financial support
