Sahabhagi - A Tool for Group Savings Management
Sahabhagi is a free Android application designed for managing finances within self-help groups (SHGs). It provides an accessible platform for members to create clubs, manage contributions, and facilitate loans among the group. With Sahabhagi, users can set installment amounts, invite members, and appoint admins to assist in management, streamlining the process of group savings and lending.
The app includes features such as member management, loan requests, disbursement tracking, and automatic interest calculations. It aims to simplify the traditionally cash-based savings approach by offering a transparent and organized method for financial transactions. Future updates are expected to introduce online payment support via UPI, enhancing the app's functionality.