Digitizing ancient money circles

Trusted, digital and convenient

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About Us

Historically known as ‘kametis’ in Pakistan, ‘chit funds’ in India, ‘ekub’ in Ethiopia and ‘susus’ in Southern Africa, money circles have existed for centuries in almost every non-western culture in the world. Golak is bringing these offline ancient money circles to the digital age.

How It Works

Join us in four simple steps.

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1.

Download & log-in

We are available in the Android and IOS app stores.

download

2.

Set Parameters

Set amount, timeline and order of payout.

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3.

Invite Members

Invite your family and friends to join your circle.

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4.

Begin Golak

Each member contributes a set amount monthly. Each month, one person gets the total amount collected until everyone has had a chance.

Benefits

Our mobile application is the outcome of proven and evidence-based research in the field of social protection and financial inclusion.

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Improved Savings Habits

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Improved Credit Score

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Peer Group Support

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Skills Training

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Interest Free

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Evidence-based

Articles

Our mobile application is currently being piloted with different demographics. You can read more about our projects below.

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Golak named ‘Winner of the Americas’ at Start-Up Competition in Istanbul

Golak is honored to be selected as Winner of the America’s region for the GMW Labs start-up competition. Team Golak spent the first half of August in Istanbul to receive mentorship, resources and…

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What are money circles and how do they work?

So what are money circles anyways? Do you remember your grandmother, mother or aunt stashing away loads of cash in her drawer? Centuries-old concepts are making a comeback in the 21st..

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What can money circles be used for?

To start a business Interest free money circles helped several users build credit and pursue goals they would have never imagined. Take the story of Maria and her husband Fernandez. In 2020…

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