How Savings Work

Your association may require regular savings contributions (e.g., monthly). The key concepts are:

• arrow_right Target Amount — The amount you should save each cycle (e.g., UGX 100,000/month)
• arrow_right Cycle — How often savings are expected (monthly, weekly, etc.)
• arrow_right Grace Period — Days after the cycle deadline before penalties apply
• arrow_right Penalties — If enabled, a fee is charged for not meeting the target by the deadline

Your Savings Dashboard

Go to Savings to see:

• • Balance cards — Total balance, total deposited, penalties, and streak
• • Current cycle progress — A progress bar showing how much you've saved vs. the target
• • Transaction history — All deposits, penalties, and adjustments
• • Penalty history — Any penalties applied and whether they were waived

Savings Statement

The Statement tab provides a formal account statement with:

• • Date range filter — View transactions for any period
• • Opening & closing balance — Calculated for the selected period
• • Debit/Credit columns — Standard accounting format with reference numbers
• • Print support — Click "Print" to generate a printable statement

Requesting a Withdrawal

If your association allows withdrawals, you'll see a Withdraw tab:

1. 1 Check your available balance and the required notice period
2. 2 Enter the amount and a reason for the withdrawal
3. 3 Submit the request — it goes to admin for approval
4. 4 Track your withdrawal status in the personal history below the form

Note: If you don't see the Withdraw tab, your association has not enabled withdrawals.