How Cowrywise is bridging the Gap against Poverty


A few years back, my relationship with money was not so inspiring. I've struggled with delayed gratification and saving consistently for a project was a mountain to climb. I was unfamiliar with investment and was knocked out when it came to making practical moves to build financial stability.

Fast forward to 2021, I stumbled on Cowrywise with all the promises it holds. I decided to check it out but it took some months after downloading the app to begin using it. It was not until a content creator I follow on IG tagged cowrywise and mentioned the circle where they will be saving N5000 every month. It will be locked and you will not have access to the money until December which is the end of the year. This is a group saving where you see all the members in the group and the amount each person has as the savings progress.

To get to the final result I was able to save till the end of the year. The savings enabled me to cover an expense that ordinarily I wouldn't have the capacity to do if I had not joined the savings group on cowrywise.

Cowrywise is a digital saving and investment platform designed to help Africans plan, save and invest easily without stress. Its name embodies the idea behind what they do and with cowrywise, you can start saving with any amount as low as N100. The language is easy to understand and even the financial terms are broken to give a beginner a good understanding of what is being talked about. There is no jargon or complex terms. The app is designed to help you stay disciplined and committed such that you won't have access to your funds until the stipulated time you set.

Most young people and even families have increased their financial capacity using cowrywise.

The features like:


Circles: saving in groups or challenges. This is a fun way of saving with others and motivating you to save. There is a group for corners, football fans, and so on.

Plans: there are flexible plans, like emergencies or you can easily create a plan to help you save towards your projects like starting a business, building a house, or getting or going on vacation. This helps to make that project so achievable.

Investment: this feature comes in mutual funds where you can invest in dollar or naira currency. The language is so simple that if you're a newbie it will be so easy to understand. They have experts that offer good advice where investing is concerned.

Savings: if you just want to come and save your money, this is much better than saving in your banks because you save with interest.

Their blogs are curated to answer or address any issue one may have. Their customer relation is very commendable. You are not left halfway, they put in the effort to attend to the needs of their customer and follow up until it's resolved.

This part got me hooked because while I was trying to understand how the app works, my questions were answered promptly and with a follow-up to ensure I got the solution I needed.

If you're looking to get financial stability then you should check out the app. To start using Cowrywise, you can simply sign up via your browser here. You can also download the Cowrywise App straight to your device from Google Playstore or App Store.

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