“Back home we did ajo in my street but abroad it’s hard to trust people. This felt familiar but organised. My payout came exactly on the date.”
“I missed doing ajo after relocating because coordinating people here is stressful. I joined this and didn’t have to remind anyone. It just worked.”
“In our church group ajo someone always pays late. Here my turn stayed the same. I used it to restock my small business.”
“I picked a payout date months ahead for travel planning and it landed exactly when promised. That certainty is what sold me.”
“I didn’t grow up with group savings so I was skeptical. After one cycle I realized it’s basically scheduled group saving. Very predictable.”
No. Members contribute and take turns receiving the full amount.
Yes, WeSpare is a regulated entity operating both in Nigeria and Canada as a Money Service Business no C100000437. In Nigeria, all funds are stored with our partner Anchor, a CBN-licensed and NDIC-insured microfinance bank. No individual holds the group money.
No. Your payout date stays fixed once you join.
The system covers missed payments, so your date does not move.
Fees are spread across your contributions up to your payout month. You see the full breakdown before joining.
No. Contributions are structured savings, not interest or loans.
You can choose an earlier payout slot if available.
Meet the co-founders of WeSpare
Our founding partners, Riquiel and Alex are the driving force behind WeSpare's growth and vision.
