About Upatu
The underserved traditional saving model
The Upatu traditional saving model is a community-based savings system commonly practiced in Tanzania and other parts of East Africa. It is similar to other informal savings and credit systems. The model is rooted in the principles of collective saving, mutual trust, and financial support within a group.
This model is highly effective in rural and low-income communities where access to formal financial services is limited. It promotes financial discipline, fosters community solidarity, and provides a safety net for members.
The Upatu App is a digital platform designed to modernize and enhance the traditional Upatu saving model. It leverages technology to make the process more efficient, transparent, and accessible. Here’s how it helps:
Read MoreDigital Record-Keeping
The app replaces manual record-keeping, reducing errors and disputes (Members can track their contributions and pay-off in real-time)
Convenience and Accessibility
The app is accessible via smartphones, making it easier for people from different areas to participate.
Transparency and Trust
All transactions are recorded on the app, ensuring transparency and building trust among group members and Kijumbe (Members can view the group’s financial status at any time).
Financial Inclusion
It encourages savings and financial planning, even for those without access to formal banking.
Explore
Creating new "Mchezo" easy as ABC
Creating Mcheze on the Upatu App is simple and seamless.
♣️ Set Up Mchezo
🗒️ Contribution Details
💰 Payout Process
🤔 Payment Preferences
Members (Majina) was never this easy
As Kijumbe on the Upatu App, you have full control over adding and managing members.
📲 Easily add members by selecting contacts from your phonebook
🔍 Simply search and select the names of participant.
📩 Every invited member will receive an invitation message.
🧐 Kijumbe can add or remove members at any time.
One App, multiple Michezo
The Upatu App is designed to make managing Michezo seamless and efficient for both Kijumbe and members
🗄️ Kijumbe can create and oversee several Mchezo at the same time.
🗂️ Each group’s details, including members, contribution schedules, and payout orders, are organized in one place.
🤖 All contributions and payouts are digitally recorded for transparency.
💳 The Kijumbe can set and manage preferred payment methods for smoother transactions.
🚫 No fee/cost.
Kijumbe Manage Mchezo while All visible to all members
The Upatu App provides powerful tools for a Kijumbe to efficiently manage a Mchezo while ensuring transparency for all members.
✅ Kijumbe can track and mark members who have made their contributions.
✏️ Kijumbe can edit and modify details of Mchezo and contribution arrangements.
➕ Kijumbe can add or remove members.
📱 Every member can view contribution records, payouts, and group changes in real-time.
Frequently Asked Questions
By using the Upatu App, both Kijumbe and members can enjoy stress-free financial planning, better organization, and complete peace of mind when managing their Mchezo. People also are asking...
How do I create a Mchezo on Upatu?
- Open the Upatu App and go to the Mchezo section.
- Click Anzisha Mchezo” and enter the group details.
- Add members from your phonebook and send invitations.
How to contribute from Upatu App?
- Upatu does not process or collect any money.
- Members should follow the payment instructions provided by their Kijumbe.
- Members should always confirm payments directly with their Kijumbe.
Something to say?
Address
Makumbusho, Dar es salaam, Tanzania.
Call Us
+255 683 833 429
Email Us
mchezo@upatu.co.tz