Fast forward your savings with Prana.
Prana helps you create a savings group with trusted friends and family with a few taps on your phone.
Each member makes a payment every week or month - and the total amount for each time is distributed to a different member.
No more carrying credit card balances. Save more together.
How Prana Works
What can Prana be used for?
Prana can help anyone save for a short term financial goal, with the help of their friends, family & social ties.
Here are some examples:
Prana is based on a centuries-old system of informal savings groups through which friends and family help each other save for short-term goals.
2. Interest free
Prana allows for interest free loans.
3. It works!
The saving rate for immigrants using informal savings group is more than double that of Americans born in America. The default rates are also substantially lower than loans from banks.