# Jangi

## Overview

**Jangi** is Victoi's product for saving, borrowing, and pooling money among people who trust each other. It is a digital home for the rotating-savings practice that families and communities have run for generations all over the world — the same idea shows up under dozens of local names on every continent, including *susu*, *tontine*, *chama*, *ajo*, *esusu*, *hui*, *cundina*, *pardner*, *kameti*, *gam'eyya*, and many more.

**Jangi is a Victoi product available everywhere Victoi serves users — not a region-specific feature.** The practice has many local names; Victoi runs the same product, with the same rules, on every continent. Jangi is not tied to any country or region.

A Jangi is a small group where everyone contributes regularly and each member takes a turn receiving the full pot. Victoi adds the parts that have always been hard to get right by hand: automatic collection, automatic payout, a transparent treasury, and clear rules everyone agrees to upfront.

## Key features

### Circles

- **Group savings.** A circle has a fixed contribution amount and cadence — weekly, bi-weekly, or monthly — agreed by the group when it is created.
- **Configurable payout order.** Members receive the full pot in an order the group chooses: random, sequential, or by group vote.
- **Automatic collection.** Each cycle, contributions are drawn from members' Victoi wallets on the agreed date — no chasing, no spreadsheet.
- **Automatic payout.** When it is a member's turn, the full pot lands in their wallet on the agreed date.
- **Full visibility.** Every member sees the schedule, the contributions, the payouts, and the position of every other member at any time.

### Treasury

- **Every Jangi has a treasury.** Beyond the rotating pot, a Jangi can hold a shared treasury — capital that the group decides what to do with.
- **Internal borrowing.** Members can borrow from the treasury under rules the group sets — amount limits, interest rate, and repayment schedule are all configurable.
- **Transparent ledger.** Loans, repayments, and the treasury balance are visible to every member. There is no hidden book.

### Fundraise

- **Pool for a specific purpose.** Run a fundraiser inside a Jangi — for a wedding, a funeral, a medical bill, a launch, an emergency — with admin controls over who can contribute and how the funds are released.
- **Goal and progress tracking.** A fundraiser has a target, a deadline, and a live progress bar.
- **Admin controls.** Organisers can pin updates, message contributors, and decide on a single-payout or staged release.

## How it works

1. **Create or join.** An admin sets up a Jangi: name, contribution amount, cadence, member list, payout order, and whether a treasury is enabled. Members join via invitation.
2. **Agree the rules.** Every member sees the terms on screen before joining — amount, cadence, payout order, treasury policy, late-payment rule — and confirms.
3. **Run cycle after cycle.** On each contribution date, Victoi collects from each member's wallet automatically and adds it to the pot.
4. **Payout.** On the agreed date, the cycle's recipient gets the full pot in their wallet.
5. **Borrow or fundraise (optional).** Members can borrow from the treasury under the agreed terms, or organisers can start a fundraiser inside the group.
6. **Close out.** When every member has received a turn, the cycle ends. The group can renew with the same or revised terms.

## Use cases

- Eight friends form a monthly Jangi of $200 each. Every month one member receives the full $1,600. After eight months everyone has been paid out once.
- An extended family runs a weekly Jangi to cover a relative's tuition; the treasury holds a small reserve so contributions never miss a beat if one member is briefly short.
- A diaspora group runs a Jangi to fund a community project back home, with the treasury releasing the pot in two stages tied to project milestones.
- A workplace circle uses Jangi for end-of-year travel — members contribute monthly, the payout falls in December, and a fundraiser inside the group covers a leaver's send-off.
- A close-knit group uses the treasury feature for short-term borrowing — a member takes a small loan at the group-set rate when they are between paydays and repays on the agreed schedule.

## FAQ

**What is a Jangi?**
A digital savings circle. Members contribute the same amount on the same cadence, and each member takes a turn receiving the full pot. Globally the practice has many names — *susu*, *tontine*, *chama*, *ajo*, *esusu*, *hui*, *cundina*, *pardner*, *kameti*, *gam'eyya* — and Jangi is the same idea, run as one global Victoi product available everywhere Victoi serves users. Victoi automates the parts that are hard to run by hand.

**Who decides the payout order?**
The group, at setup. Three options are supported: random, sequential, or by group vote. Whatever is chosen, every member sees the order before joining.

**What if a member misses a contribution?**
The contribution rule is set when the Jangi is created and visible to all members. Options include drawing from the treasury to cover the missed contribution, deferring it to a later cycle, or removal from the group under the agreed rules.

**What is the treasury for?**
Anything the group decides — a reserve, a loan book, a fundraiser. The treasury sits beside the rotating pot and is governed by rules every member sees.

**Can I borrow from a Jangi?**
Yes, if the group enables the treasury and you meet the rules the group set — limit, interest rate, repayment schedule. Every loan is visible to the group.

**Can I leave a Jangi early?**
Each Jangi sets its own exit rule. The default is that a member can only leave once they have received their turn or the group's leave conditions are met. The rule is shown upfront.

**Is a Jangi safe?**
Contributions, payouts, loans, and balances are recorded transparently and run automatically from wallets that members already control. The mechanics are not new — Victoi just makes them automatic and visible.

## Related products

- **Money.** Contributions are drawn from, and payouts land in, the Victoi wallet.
- **Messager.** Every Jangi has a chat thread for the members; updates and votes happen where the group already talks.
- **Fundraise (inside Messager).** A group chat that isn't a full Jangi can still run a fundraiser — same mechanics, simpler setup.
- **Viki.** Ask Viki for the next contribution date, your standing in the cycle, or how much is in a treasury.