FAQs
Your Questions , Answered
Frequently Asked Questions.
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What is AGBAJO
AGBAJO is a fintech-powered rotational funding and cooperative finance platform that enables individuals, entrepreneurs, SMEs, traders, salary earners, artisans, and communities to save collectively, access structured capital, and achieve their financial goals without relying on high-interest bank loans.
How does AGBAJO work
AGBAJO digitizes the traditional rotational savings model by allowing members to join contribution groups, make scheduled weekly or monthly contributions, and receive coordinated payouts based on an agreed rotation. The platform automates contributions, tracks transactions, and ensures a transparent and secure process.
Who can join AGBAJO
AGBAJO is open to individuals, small business owners, traders, artisans, professionals, salary earners, cooperatives, community groups, and organizations seeking a reliable and structured way to save, invest, and access capital through collective financing.
Is my money safe on AGBAJO
Yes. AGBAJO prioritizes the security of members' funds through secure payment processing, encrypted transactions, automated contribution tracking, and transparent fund management. We are committed to providing a safe and trustworthy financial platform for all users.
Why choose AGBAJO instead of traditional bank loans
Unlike conventional loans that often come with high interest rates and lengthy approval processes, AGBAJO provides an affordable, community-driven financing solution. Members can build financial discipline, access capital more easily, and benefit from a transparent, technology-powered system rooted in Africa's trusted rotational savings tradition.
Your Questions , Answered
Frequently Asked Questions.
What is AGBAJO
Agbajo Africa is a technology-driven collective wealth creation platform that enables individuals, entrepreneurs, professionals, traders, and community groups to save together, access rotational funding, and build sustainable wealth through structured cluster-based contributions.
What does "Agbajo" mean
Agbajo" is a Yoruba word that means "Togetherness" or "Collective Effort."
Agbajo Africa is built on the belief that people can achieve greater financial success when they work together towards common financial goals.
How does Agbajo Africa work
Members are organized into cluster groups of up to ten (10) people.
Each member contributes an agreed amount according to their selected plan. One member receives the scheduled payout during each cycle until all members have benefited.
Who can join Agbajo Africa
Anyone aged 18 years and above can join, including:
- Traders
- Artisans
- Salary Earners
- Professionals
- Entrepreneurs
- Cooperative Groups
- Market Associations
- Small Business Owners
- Community Groups
Is Agbajo Africa a cooperative society
No.
Agbajo Africa is a digital platform that facilitates collective wealth creation, savings coordination, financial inclusion, and community empowerment through technology-enabled cluster management.
How many people can belong to a cluster group
Each cluster group must have 10 members and a maximum of 10 members.
Can I create my own cluster group
Yes.
You can create your own cluster and invite 10 trusted family members, friends, colleagues, customers, business associates, or community members to join.
What is a Cluster Acquisition Manager (CAM)
A CAM is an authorized representative of Agbajo Africa responsible for:
- Recruiting members
- Creating clusters
- Supporting members
- Monitoring participation
- Promoting compliance
- Providing updates and feedback
Can I belong to more than one cluster
Yes.
Members may participate in multiple clusters provided they can meet their contribution obligations.
What plans are available on Agbajo Africa
Agbajo Africa currently operates:
Nano Plan
Funding Goal:
Weekly Plan
#100,000
Basic Contribution :
#10,000 pee member weekly
- Funding Goal: ₦200,000
- Basic Contribution: ₦20,000 per member weekly
Bi-Monthly Plan
- Funding Goal: ₦400,000
- Basic Contribution: ₦40,000 per member
Monthly Plan
- Funding Goal: ₦500,000
- Basic Contribution: ₦50,000 per member monthly
Are there additional charges?
Yes.
The following charges apply
. 10% Protection Risk Fee
.10% Platform Service Charge
. ₦100 Bank Transaction Fee
Is the Protection Risk Fee refundable
Yes.
The Protection Risk Fee is fully refundable to compliant members after the final payout cycle of the clusters
How do I contact Agbajo Africa
For enquiries, support, complaints, or partnership opportunities, please contact:
Customer Support: +234 8033023323,+234 811404 6816
Email: info@agbajo.africa
Website: https://agbajo.africa
Still have any question
Can't find answer to your question, send us an email and we will get back to you as soon as possble.