Joola App 3.5
Continue to app
Free Version
Publisher Description
Joola helps you set up and manage savings pools with your friends and family. It's easy to track group activities because Joola automatically handles payments!
You can use Joola to pay off debt, plan for major expenses, or build an emergency fund.
****** HOW IT WORKS ******
1. Create or join groups that fit your money goals
Choose groups with payment terms you feel comfortable with.
2. Contribute to your group money pool
Each group member contributes a set amount at regular intervals (bi-weekly, monthly) until everyone has received their payouts.
3. Get paid when it is your turn
The money pool is a great way to build up your savings and access funds when needed.
****** PRICING AND REWARDS ******
The first payout - pay 7% per group payout.
For example: If you join a group of four people and each person contributes $100 per month, the total payment will be $300. If you are third in line for individual payout from that group, your service fee would only be $21.
=========
The second payout in the group - pay 6% per group payout.
For example: If you join a group of four people and each person contributes $100 per month, the total payment will be $300. If you are second in line for individual payout from that group, your service fee would only be $18.
=========
The third payout in the group - pay 5% per group payout.
For example: If you join a group of four people and each person contributes $100 per month, the total payment will be $300. If you are third in line for individual payout from that group, your service fee would only be $15.
=========
The last payout position in a group will receive +1% per payout.
For example: If you join a group of four people and each person contributes $100 per month, the total payout will be $300. You will earn a cash bonus of $3 for receiving the last group payout.
****** WHAT IS JOOLA? ******
They are commonly known as tandas (Latin America), chama (Swahili-speaking East Africa), stokvel (South Africa), susu (West Africa and the Caribbean), hui (會) (Chinese communities in East and Southeast Asia), gye (계) (South Korea), tanomoshiko (頼母子講) (Japan), Chit Fund (India), pandeiros (Brazil), juntas (Peru), arisan (Indonesia), lenshare (เล่นแชร์) (Thai), dhukuti (Nepal), and menage (Scotland).
****** EASY AND SECURE ******
+ Joining a group is easy and free, so invite your friends!
+ We will never share your information with any third party without your consent.
+ We take every possible measure to ensure the safety and confidentiality of your data.
Disclaimer: Joola is not a pyramid scheme, lender, advisor, broker, credit repair company, credit reporting agency, or financial institution. Joola does not give away money for free.
Mar 9, 2024
Version 3.5
Minor UI improvements in group detail screen.
About Joola App
Joola App is a free app for iOS published in the Accounting & Finance list of apps, part of Business.
The company that develops Joola App is JOOLA LLC. The latest version released by its developer is 3.5.
To install Joola App on your iOS device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2024-03-09 and was downloaded 1 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Joola App as malware if the download link is broken.
How to install Joola App on your iOS device:
- Click on the Continue To App button on our website. This will redirect you to the App Store.
- Once the Joola App is shown in the iTunes listing of your iOS device, you can start its download and installation. Tap on the GET button to the right of the app to start downloading it.
- If you are not logged-in the iOS appstore app, you'll be prompted for your your Apple ID and/or password.
- After Joola App is downloaded, you'll see an INSTALL button to the right. Tap on it to start the actual installation of the iOS app.
- Once installation is finished you can tap on the OPEN button to start it. Its icon will also be added to your device home screen.
