Hagbad vs Contree

Hagbad helps people organise and manage group savings. Group savings are when a group of people agree to contribute the same amount of money regularly, and each member receives the total amount once during the cycle. It is a simple way for communities to save money together and access a larger lump sum when it is their turn. For example, if 10 people each contribute £100 every month, the group pot becomes £1,000. Each month a different member receives the £1,000 until everyone has had their turn. This system has existed for generations around the world. You may know it by different names such as: Hagbad Ayuuto Equb Pardna Committee Chit funds ROSCA Hagbad makes it easier to organise and manage these savings groups digitally. Instead of tracking payments through group chats, spreadsheets, or notes, Hagbad keeps everything in one place so members can clearly see contributions and payouts. What you can do with Hagbad Create a group savings circle Invite friends, family, or people you trust Set the contribution amount and payment schedule See the payout order for the group Track who has contributed each round Keep a clear record of the savings cycle Why people use group savings? Group savings help people: Save consistently Access a larger lump sum of money Support each other financially Stay disciplined with saving Hagbad helps make this process organised and transparent for everyone in the group. Save together. Stay organised. Manage your group savings with Hagbad.

Contree — Community Finance, Made Simple Contree helps cooperatives and their members manage contributions, plans, and shared funds in one simple app. Built specifically for cooperative groups, Contree makes it easy to contribute together, track records clearly, and stay aligned as a community. - Designed for Cooperative Living Contree supports how cooperatives actually work. Members can contribute with confidence, while leaders get clear visibility into group activity — all without complexity. Everyone sees the same records. Everyone stays informed. - Flexible Ways to Contribute Aims: Create structured plans for specific goals, projects, or shared needs. Track progress clearly and keep everyone aligned. Flow: Contribute freely without setting a target. Ideal for ongoing group contributions that need flexibility and access. Lockbox: Set funds aside for a bigger purpose. Keep money protected until it’s ready to be used. Transparency You Can Trust • Clear contribution history • Shared visibility across members • Simple tracking of balances and activity No confusion. No hidden records. Built for Cooperatives That Want to Win Whether you’re part of a small group or a growing cooperative, Contree gives your community the tools to manage contributions with clarity and confidence. Community finance doesn’t have to be complicated.