Terms of Service

What Ajoko is — and what it is not

Ajoko is a record-keeper for ajo, esusu and adashe circles. It keeps your circle's rules, rotation, contributions, receipts and reputation on one board every member can see.

Ajoko is not a bank. It is not a wallet, a payment processor, a lender, an investment, or a licensed financial institution of any kind. We never hold, move, collect or touch your money. Every contribution moves directly from one member's bank account to another member's bank account, the way ajo has always worked. Money on Ajoko earns no interest because there is no money on Ajoko.

What we provide is the record: who agreed to what, who contributed, who confirmed, who didn't, and what the circle decided about it.

Your circle is your circle

Circles are private arrangements between their members. You choose who to admit, you set the rules, and you take the risk of trusting the people you save with. Ajoko shows you each member's honest track record and warns you about risky setups — but a warning is information, not a guarantee. We cannot make anyone contribute, and we are not a party to your circle's agreement.

Disputes are resolved inside the circle: the contributor, the receiver and the admin as witness, with the evidence both sides file. The verdicts your admin records are the circle's decisions, not ours, and they are permanent on the record.

The record is honest, or it is nothing

By using Ajoko you agree to keep the record truthful:

• One account per person, one phone number per account.
• Mark a contribution as sent only when you have actually sent the money, with the real transfer reference.
• Confirm a contribution only when you have actually received it.
• Don't game the trust score — small or staged circles don't feed it anyway.

Faking receipts, marking false contributions or impersonating others gets your account closed and the events stay on the record. Defaults are permanent. Honesty cuts both ways: it is also what protects you.

Fees

Ajoko is free to use during our beta. We never take a percentage of your pot, and we never collect your circle's late fees: those flow member-to-pot, like everything else.

Beta honesty

Ajoko is in beta. We work hard to keep the record safe and available — including nightly backups — but the service is provided "as is", and to the extent Nigerian law allows, our liability is limited to what you paid us (during the free beta: nothing). The one promise we hold ourselves to: we do not touch your money, so no failure of ours can take it.

The legal bits

• These terms are governed by the laws of the Federal Republic of Nigeria.
• You must be 18 or older to use Ajoko.
• You can close your account at any time (see the Privacy Policy for what happens to the record).
• We may update these terms; material changes will be announced in the app before they apply.
• Contact: support@ajoko.ng once ajoko.ng is live — during the beta, reach us through the admin who invited you.