Cowrywise Circles launched on February 6, 2019. Back then, it launched as Cowrywise Saving Circles to help with savings and private contributions alone. Ever since, we have reworked the structure to do more than saving, and we are proud to share what we have done so far. The philosophy hasn’t changed, we are just expanding the scope.
Cowrywise Circles’ Philosophy
When you cast your net to fish, you hope for a big catch. However, when that big catch comes, you can’t pull it alone. It always takes a Circle to bring the big catch home. So, what’s your big catch? To save up a billion with friends? How about we go beyond savings and help you gather money from thousands to feed starving villages, for instance?
What if you have an experience package? Say an online masterclass? We can also help with that. Cowrywise Circles can help sellout your business packages using subscriptions. Whatever the catch is, we’ve got a Circle to bring it home. You can now use Circles in four different ways:
Tap any of the above to jump to them right away

Donations: Do More Than You Can
You probably once had a dream to do something charitable but gave up when you checked your funds. In essence, you stopped dreaming. If this is you, the Donation Circle was designed for you.
They help keep such noble dreams alive, by granting you access to funds. In the past, we tested how this will work with an amazing user, Lauretta Hamza. She is the founder of the Communal Health Support Scheme. We partnered with them to raise funds for a health outreach at Sagbokoji. The project, which is still ongoing, will see to the purchase of a boat ambulance and a rebuild of the community’s health centre.
On the other hand, if you are in search of vetted projects you can donate to, we have you covered. We designed a showcase page that will display approved donations that can pool your money with that of others to make a global impact. That money you call little is no longer that small. It now has the ability to complete the funds that can feed hungry children in a remote village. Your hero badge awaits you, so explore the donations page to find something you love.
How to Setup a Donations Circle
- Create an account if you don’t have one here
- Sign in
- Tap Create a Savings Plan and select “Saving Circles”
- Select “Create Circle”, then choose Donations
Once a Circle is created, we’ll review and approve after vetting. We’d love to see the exciting donations you create. Here’s something, if your Circle makes the cut we’ll join forces with you to publicize it. Yes, we are a family.

Experiences: Pay in Bits for Awesome Activities
There are two categories of people involved in any activity, the creators and the participants. On the creator’s part, they struggle with getting people to pay for their experiences. The reasons range from heavy bulk fees to people forgetting about their payment commitments. Well, you can kiss those days goodbye. Asides from publicizing these activities, we help set automated payments for your clients at no extra cost to you.
As a participant, you already get the benefit. We’ll break down those heavy fees; for activities like getting a car, planning your honeymoon, and so on. Then, we’ll make it possible for you to make automated deposits that pay up the fees gradually. With these Circles, there’ll be no pressure to enjoy the best things in life. You’ll get them at your pace.
How to Setup an Experience Circle
- Create an account if you don’t have one here
- Sign in
- Tap Create a Savings Plan and Select Savings Circles
- Select “Create Circle”, then choose Experiences

Saving Challenges: Grow With the Help of Competition
Grow at your pace, but some good pressure to ensure you are growing at your pace isn’t a bad idea. To this end, we have created challenges. Everyone gets to save a fixed amount according to a set frequency. For example, NGN50,000 per month. Savings Challenges run continuously so you do not have to create a new one every time it matures. Everyone can withdraw their individual deposits plus interests earned and you can choose to either create or join a challenge.
For the record, you can always top up your challenges outside the set amount. That way, you can place yourself higher on the leaderboard. Find a challenge to join here or create one here (You’ll need to sign in).

Cowrywise Collections: Raise Funds Privately
These are quite similar to group contributions. However, they are not made public. They are great for investment clubs who want to pool funds from members and reinvest them. How about those grand family parties? You can raise funds from family members months ahead using this. In summary, they are great for group projects you want to keep private. It is key to note that only the creator can withdraw funds upon maturity,
How to Setup a Collections Circle
- Create an account if you don’t have one here
- Sign in
- Tap create a plan and select “Saving Circles”
- Select “Create Circle”, then choose Collections
Got feedback for us? Mention us on twitter here, we reply with unimaginable speed.
These plan is very cool, I love them all and I will love to join one.
Well-done to the cowrywise team.
Thumb up
Pls I need withdrawal money in my Cowrywise account
Pls I need withdrawal money from my Cowrywise Acct
Hi there, once your plan is matured you can withdraw. Do you have any challenges withdrawing from a matured plan?
Please I need to withdraw my money from the matured 5k challenge.
Me too I need withdrawal from my savings account
I want to buy a truck for my rental business. I Dont know how I can be helped.
Like the opportunity
Beautiful! You can start with any of our locked plans and build up gradually. However, we will be working with some partners to list such options.
I’ve always loved Cowrywise, you guys are the definition of innovation, you are always re-inventing yourself. Thank you for this new introduction, I am so happy about it. I love all the packages, however you did not talk much about the plan for those doing masterclass et al. But I’d check out the platform to see how I can go about it myself. Once again, thank you so much. I have not been a faithful user of the app, these new offerings will definitely have me fully back.
Thanks for your feedback. For masterclasses, Experience Circles work best.
Great job!
I love Cowrywise as their efficiency is top notch. I was hoping this new update would include agricultural investments.
Why is Cowry wise not offering one yet?
Treasury bills, mutual funds, fixed deposits are not enviable anymore.
With the current situation of things in the world, even a blind man can deduce that agriculture is the best way to invest.
Kindly look into it.
Thanks for your feedback. Currently, we only have these because they are the only opportunities approved by SEC. As more get approved, we’ll work to add them. By the way, SEC is the investment authority in Nigeria.
This is so intresting, i like it anyway, good job cowrywise team
Thank you🤗
Good morning plz can u tell me more about this my WhatsApp number 08144036117
Fantastic
Ope, these plans are really nice. I’m already thinking of asking my friends to join a savings challenge
This is a great initiative! Cowrywise keeps disrupting the financial space with innovative ideas. Well-done to the team!
“Ope from Cowrywise”
😄, you are a great man!
Thank you🤗
Great stuff
Well done, this is fantastic. In that savings challenge, I would like to know the interest rate. I would like you to get back to me on onyearinola@gmail.com
Thank you🤗. Here’s a link that explains how our interest rates work: https://cowrywise.com/blog/interest-rates-on-cowrywise/
Great
Kudos to cowrywise team. You guys are doing a great job
Thank you🤗
I want to start saving from one hundred naira how do I register I’m confused
Simply visit https://my.cowrywise.com/ and tap “Create account”
Good work
Good work here
Thank you
What is the consequence of defaulting on monthly savings payments at the specific time of funds deduction?
This is great and cool!
You guys are really trying, thanks for the good job.
It is quite a revelation that one that can still get to make some cherries on his or her fund.
I shoulf try cowrywise to fully understand how it works.
I don’t really understand well, can I invest, how much is d returns
Circles operate like normal plans, in terms of returns. However, they come with extra spice of collective growth.
My Donation still under review have not been approved, how long does it take to get approved
Hi Sam.
Kindly send an email to support@cowrywise.com to rectify this.
Ope, I have a suggestion.
It’ll be nice if Cowrywise can check my stash account and withdraw from here to my savings plans.
Withdrawing consistently – daily, for instance – adds a lot of unnessary rows to my bank statement, and my bank charges me for the sms notifications.
Please consider this.
Can I leave the circle before the date of completion with the money saved so far?
If I join a saving circle will the payments be automatic?