CeloSusu is a decentralized rotating savings circles (Ajo/Esusu) platform built on Celo blockchain. Users create and join savings circles with 3-12 members, contribute weekly in cUSD or cEUR stablecoins, and receive rotating payouts. The platform integrates Self Protocol for identity verification, Aave V3 for yield generation, and operates as both standalone and Farcaster mini-app for seamless social experience.

To democratize access to traditional rotating savings mechanisms by bringing Ajo/Esusu circles to blockchain, enabling trustless, transparent, and yield-generating savings circles that serve underserved communities worldwide while maintaining the social and community benefits of traditional savings groups.

Traditional rotating savings circles (Ajo/Esusu) have significant trust and transparency issues. Participants risk losing their savings if group members default, there's no formal recourse for non-payment, and circles are geographically limited to local communities. Without proper verification, fake accounts can join circles, and there's no way to generate yield on pooled funds. These limitations prevent many people from participating in this proven savings mechanism that has existed for centuries in African and other emerging market communities.

CeloSusu brings traditional Ajo/Esusu savings circles to the blockchain era by leveraging smart contracts for trustless execution, automated payouts, and transparent fund management. The platform features:

• Smart contract automation for weekly contributions and rotating payouts
• Self Protocol integration for zero-knowledge identity verification and sybil resistance
• Aave V3 integration for optional yield generation on pooled funds
• Farcaster mini-app for seamless social discovery and wallet connection
• Support for both cUSD and cEUR stablecoins on Celo blockchain

Users can create circles, invite members via shareable links, and the smart contracts handle all contributions and payouts automatically, eliminating trust issues while maintaining the community aspect that makes Ajo/Esusu effective.

Freemium with transaction-based fees. The core platform is free to use for basic savings circles. We generate revenue through: • Small percentage fee on circle contributions (0.5-1% per cycle) • Premium features for larger circles or advanced yield strategies • Optional premium verification tiers for high-value circles • Potential partnerships with traditional financial institutions for enterprise integrations Our focus is on accessibility and community building rather than aggressive monetization, ensuring the platform remains affordable for underserved communities while being sustainable.

Want to grow through just grant funding

Global (with focus on emerging markets and Africa)

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