Prana Circle app is only available in the United States for now.
Prana Circle is a digital Sou Sou, Tanda, and Pardner app that makes organizing a savings group hassle-free and fast.
Prana Circle has taken the basic Sou Sou practice and modernized it for use on any Apple or Android phone.
It simplifies the member payment process, and streamlines collections and payouts for Sou Sou organizers.
Everything is automated, and record keeping is a cinch.
How Prana Works
Prana Circle Features
Prana addresses all the pain points of traditional Sou Sou
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.