How Accquan works
Six simple steps, from your first day to the end of the year. No small print: everything you pay is shown before you pay it.
Create your account.
Sign up with your email, a password and your phone number, then confirm your email from the message we send you.
Choose an Annual Njangi.
Each Annual Njangi has its own daily saving, a small daily fee and a late fee for missed days. Pick the one that fits you. You can join more than one.
Ask to join and commit.
You agree to save every day until the end of the saving year. Once per account you fill in “Become a member” in the app, with a photo of your ID and a selfie. An admin checks it, then approves you.
Save every day.
Pay for today, or for many days at once. Days are always paid in a row, so nothing gets skipped. Each paid day shows on your calendar.
Missed a day? Pay it later.
You can go back and pay a missed day with a small late fee. If a missed day is never paid, its late fee is taken from your savings at the end of the year.
The end of the year.
There are no withdrawals during the year. Everyone receives their savings together, between 25 December and 5 January, and members decide together how to use them, for example to buy shares or land.
An example
Annual Njangi 500: you save 500 FCFA a day, plus a 25 FCFA fee.
- One day
- 525 FCFA
- 30 days paid at once
- 15,750 FCFA
- A missed day, paid later
- 575 FCFA
Each Annual Njangi sets its own amounts. You'll always see them before you join.
The rules in one place
- Your saving is yours. The daily fee and any late fees are separate and shown before you pay.
- No withdrawals during the year. One payout window for everyone, 25 December to 5 January.
- Late fees go to the community fund that keeps Accquan running.
- An admin checks every person who asks to join.
- Accquan is a community, not a bank: no loans, no interest, no promised returns.