Stashup is a digital savings service developed by Oriented Payment Management (OPM) to support individuals and groups who want to save money and learn key financial skills.
Saving with Stashup is digitalized using mobile money to connect participants to formal financial service providers. This provides enhanced security through cashless payments and transfers, and improves bookkeeping through automated accounting.
Saving in Pesewas
Pesewa savings is a stashup model that allows interested people to learn about finance in a low-risk fashion. As part of the process, interested people learn to set savings goals, distinguish between good and bad options for borrowing and discover how to link with formal banks and microfinance institutions if they want to.
Scan the QR code with your phone’s camera to download the app.Then Enter your Mobile number below to verify your number via SMS or WHATSAPP.
Signing up is simple, you’ll be ready to go in less than 5 minutes.
Standard data charges may apply when downloading the app.
The Pesewa Challenge is a money-saving challenge that focuses on incrementally saving starting with 10 pesewas on day one, 20 pesewas on day two and GHS36.5 saved on the last day of the challenge. With this challenge, at the end of a year (365 days) you will have saved GHS6,659.50.
Example:
To play the pesewa challenge, you must save a small amount of money each day for a year (365 days).
On the first day, put aside TEN Pesewas.
On the second day, add Twenty pesewas to your growing treasure trove.
Each day, you should add an additional pesewa to your daily contribution. That means you’ll stash away thirty pesewas on the third day, forty pesewas on the fourth, fifty pesewas on the fifth, and so on. to make at least GHS6,659.50 by the end of the 365 days.
Keep in mind that you’re not saving ten pesewas each day for 365 days — that would only net you GHS 36.50.
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