Potluck

What It Is How It Works Benefits Example

Potluck modernizes community savings traditions, letting people pool money into pots and take turns receiving the full payout.

• Create a Pot: Start a savings pot and invite others to join.
• Contribute Regularly: Everyone adds the same amount each cycle (daily, weekly, or monthly).
• Get the Payout: One participant receives the pooled funds each cycle.
• Rotate: The process continues until every participant has had a turn.
• Easy Saving: Stay consistent with contributions.
• Access to Capital: Receive a lump sum without banks or credit.
• Fair and Transparent: Every participant both contributes and benefits.
• Community Powered: Build trust and support within your network.

Eight friends each contribute $100 weekly. Each week, one person receives $800. After 8 weeks, everyone has both contributed and received $800, with each person getting access to a larger payout during their turn.