Prana won the Brooklyn Public Library’s 16th Annual PowerUP! Business Plan Competition Awards 

Prana Circle is a digital Sou Sou app that makes organizing a Sou Sou 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.

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How Prana Works

 
 

Prana Circle Features

Prana addresses all the pain points of traditional Sou Sou

  • Stay safe from COVID

    Prana Circle automatically performs all financial transactions without the need to meet in person, or touch cash. You can organize a Sou Sou remotely without the fear of any Covid -19 exposure

  • Easy draw date distribution

    Draw dates are given out on a first come first served basis based on the order of invite acceptance The organizer is not involved in dispensing the draw dates and has one less thing to worry about.

  • Fully automated financials

    Every week or month on the draw date, the money is directly debited from the contributors account and goes into the recipients account. Since it is all automated, no one forgets to make a payment and the organizer doesn’t need to nag anyone. 

 

 Why Prana

1. Communal

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. 

Contact us

Address

689 Myrtle Ave,

Brooklyn, NY, 11205

©2020 by Prana App