SmartAjo is an automated thrift service where users either join a band or create one. A band is a network of no more than 11 users
Users save a certain amount as agreed by the band and can withdraw at any time. A cycle is the number of users plus the extra month which is the insurance.
it is one of the Startups being created today at the Startup Weekend going down today at iDEA Hub Lagos.
it is an Idea being developed by Weyinmi Eyesan, who is leveraging on the vision of iDEA hub, which is helping nigerian entrepreneurs create successful businesses.
the website is available at www.smartajo.com.ng