1. Acceptance of Terms: By accessing or using this platform, you confirm that you have read, understood, and agreed to be bound by these Terms & Conditions. If you do not agree, you must not use this service.
2. Nature of Service: This platform provides a digital committee (rotational savings) management system. It is strictly a record-keeping and coordination tool. The platform does not act as a bank, financial institution, or investment advisor.
3. User Participation: Participation is entirely voluntary. Users join at their own discretion. Each user agrees to contribute fixed monthly amounts and is responsible for timely payments.
4. System Operation: Members are organized in a rotation schedule. Each member receives the pooled amount at their turn. This is a mutual savings arrangement, not a lottery or gambling scheme.
5. Payments & Transactions: All financial transactions occur directly between users. The platform only records data and is not responsible for user-to-user payment disputes or failures.
6. Service Charges: The platform reserves the right to deduct a reasonable administration fee for system maintenance, development, and operational support.
7. Risk Disclaimer: Users acknowledge that participation involves personal financial responsibility. The platform shall not be liable for any loss, delay, or dispute arising between users.
8. Account Usage: Users must provide accurate information. Each user is permitted only one account. Fraudulent activity may result in termination.
9. Legal Compliance: Users must ensure compliance with local laws. The platform does not guarantee legality in all jurisdictions.
10. Modification: The platform reserves the right to update or replace these Terms at any time. Continued use constitutes acceptance.