QSavings

Platform Capabilities

Features

QSavings provides a complete toolkit for managing group savings, loans, and social fund campaigns. Every feature is designed for transparency, accountability, and ease of use.

Phone-based Auth

Register and verify with phone number. No email required.

Cycle Management

Configurable savings cycles with automatic start/end tracking.

Fee Transparency

Every fee is calculated, recorded, and visible. No hidden charges.

Immutable Ledger

Append-only ledger entries. Financial history cannot be altered.

Notifications

Stay informed about contributions, loans, and campaign updates.

Idempotent API

Every mutation uses idempotency keys. No duplicate transactions.

Group Management

Create and manage savings groups with clear governance structures and flexible configuration.

  • Create groups with custom share value, frequency, and loan rules
  • Invite members by phone number
  • Assign committee roles: chairperson, treasurer, secretary
  • Configurable cycle duration (e.g. 12 months)
  • Grace period settings for late payments
  • Group-level loan multiplier and interest rates

Contribution Tracking

Share-based contribution system with multi-step verification and complete audit trails.

  • Record contributions by share count (shares x share value)
  • Committee-based verification workflow
  • Reject with reason and resubmit flow
  • Automatic 5% platform fee calculation
  • Net vs gross amount tracking
  • Contribution summary with verified/pending/rejected totals

Loan Management

Borrow against verified contributions with multi-committee approval and automated repayment tracking.

  • Eligibility check: max loan = contributions x multiplier - active balance
  • Multi-committee approval (ALL must approve, ANY can reject)
  • Configurable interest rate per group
  • Automated repayment schedule generation
  • Late payment penalty enforcement after grace period
  • Full loan lifecycle: apply, review, disburse, repay, complete

Social Fund Campaigns

Run targeted fundraising campaigns for members in need with transparent progress tracking.

  • Create campaigns with target amount and beneficiary
  • Member pledges with real-time progress bar
  • 5% platform fee on collected funds
  • Campaign lifecycle: active, completed, cancelled
  • Beneficiary selection from group members
  • Full pledge history and amount tracking

Platform Administration

Complete platform oversight with user management, revenue analytics, and audit logging.

  • Dashboard with total users, groups, contributions, revenue
  • User management with verification and KYC status
  • Platform-wide group listing with member counts
  • Revenue breakdown by fee type (contribution, loan, campaign)
  • Immutable audit log with action, entity, timestamp
  • Platform admin role with elevated access

Security & Compliance

Enterprise-grade security with JWT auth, role-based access, and immutable financial records.

  • JWT authentication with 1-hour access tokens
  • Phone number verification via OTP
  • Per-request group role authorization (no roles in JWT)
  • Idempotency-key enforcement on all mutations
  • Immutable ledger entries for every financial transaction
  • RFC 7807 standardized error responses

See it in action

Ready to bring your savings group online? Get started in minutes.