Development of a Community-Based Digital Fund Pooling Mobile Application

The client faces difficulties in creating an accessible, secure, and user-friendly mobile platform that enables communities to pool and manage funds seamlessly across distributed members. Existing solutions do not adequately incorporate the social structures and trust mechanisms inherent in traditional mutual aid practices, limiting adoption and impact among target communities.

A social enterprise aiming to facilitate peer-to-peer mutual aid and savings groups through accessible digital technology, focused on empowering communities by integrating traditional social security practices with modern mobile solutions.

• Design and develop a high-fidelity Android mobile application facilitating community-based fund pooling with secure user registration and verification processes.
• Implement features for adding friends and family to pooling groups with approval workflows, KYC compliance, and multisignature disbursement capabilities.
• Conduct thorough market and user research to understand community needs and identify high-priority features.
• Develop an end-to-end solution that combines traditional social security concepts with modern technology to promote safe, simple, and accessible financial pooling.
• Implement robust security and privacy measures to protect user data and transactions.
• Launch the application initially in target regions with plans for wider adoption based on feedback and performance metrics.

• User registration with identity verification (KYC processes).
• Ability to add and manage friends/family in pooling groups.
• Group creation with approval workflows for pooling participants.
• Multisignature disbursement system for secure fund release.
• Notification and approval system for pooling activities.
• Secure login and user authentication protocols.
• Fund transaction history and group activity tracking.
• Help and support resources integrated within the app.

• Third-party KYC/identity verification providers.
• Mobile payment gateway integrations for fund disbursement.
• Analytics and monitoring tools for app performance.
• Push notification services.

• Scalability to support growth across multiple communities and regions.
• Performance optimized for quick load times and transaction processing.
• High security standards to safeguard user data and funds.
• Reliability with 99.9% uptime SLA.
• Accessibility compliance for diverse user groups.

The new platform aims to empower communities by providing an accessible, trustworthy digital solution for pooling resources, leading to increased adoption of digital mutual aid practices, improved financial security for users, and expanded social cohesion within target regions. Success metrics include user growth, transaction volume, and enhanced trust and engagement among community members.