Built for East Africa
Collective Fund Management Platform
Run your collective saving group / Ikimina digitally — save together, fundraise, and track your investments on one single platform.
Smart Financial Solutions For Every Goal
We have digitized Ikimina, the traditional community savings groups, and expanded them into a complete financial toolkit.
Penga enables members to save together, lend within the group, and raise funds for life events. It supports structured group savings, collective investment management, and transparent capital allocation.
Penga tracks pooled capital across multiple ventures and provides dedicated accounting for each investment. Every project or business in the portfolio maintains clear financial records, accurate reporting, and transparent capital distribution.
The platform combines two core functions: pooled resource management and venture-level investment tracking. It also includes integrated file management for secure organization of documents, reports, and records across both areas.
Rotating savings groups with formalized bookkeeping.
Formalized cooperative structures with integrated financial management.ß
Everything Your Group Needs
Four powerful pillars that cover every aspect of community finance.
Group Saving (Ikimina)
Digitize your traditional Ikimina savings circle. Members contribute regularly, track balances transparently, and receive digital disbursements — no cash handling required.
- Automated contribution reminders
- Transparent balance tracking
- Digital loan disbursements
- Member activity feed
Social Crowdfunding
Launch a fundraiser for weddings, funerals, school fees, or charity projects. Share a link, collect contributions digitally from family and friends near and abroad.
- Campaign creation
- Contribution tracking
- Updates and communication
- Analytics dashboard
Venture Portfolio Management
Get a dedicated bookkeeping and financial management for each investment within a portfolio.It ensures that every project, startup, or business maintains accurate financial records, transparent capital allocation, and reliable performance reporting.
- Income Statement
- Balance Sheet
- Cash Flow Statement
Report Management
Get a centralized document repository for the Group Management Committee. It enables secure storage and management of key organizational documents, including group bylaws, meeting minutes, resolutions, and agreements.
- Document Repository
- Access Control
- Document Upload and Management
- Approval Workflow
- Report Generation
Up and Running in Minutes
No paperwork. No bank visits. Just open the app and go.
Create Your Account
Register with your phone number and verify your identity in under 2 minutes.
Create or Join a Group
Start a new Ikimina, fundraiser, or investment group — or join one via invite link.
Contribute & Manage
Pay via mobile money, Visa, or Mastercard. Track every franc in real time.
Reach Your Goal
Disburse funds, repay loans, or cash out investments — on your terms.
Built for Every Community
Savings Groups
Traditional Ikimina groups transitioning from cash to digital, transparently.
Event Fundraisers
Weddings, funerals, graduations — collect from anyone, anywhere.
Youth & Investors
Start investing with small amounts through group or individual CIS products.
Diaspora
Contribute to home events and groups from Europe, North America, or anywhere.
Workplaces & Cooperatives
Handle staff emergency funds, administrative collections, and joint investments.
Religious Groups
Manage congregation contributions, tithes, and community project funds.
Start Your Journey with Penga
Whether you're starting your first group or migrating an existing one, our team is here to help.
An Ikimina is a traditional rotating savings group where members contribute fixed amounts regularly and take turns receiving the pooled sum. Penga digitizes this by replacing cash with mobile money, tracking all contributions transparently on a dashboard, automating reminders, and enabling digital loan disbursements to members — all without requiring a traditional bank account.
Cloud funding is a digital group-financing tool that allows friends, families, and colleagues to pool money together for shared financial goals, community initiatives, or special events (like weddings or emergencies)
Absolutely. Penga operates under national financial regulations and employs bank-level encryption for all transactions. Group funds are held in regulated escrow accounts and cannot be accessed by unauthorized parties.
Groups can configure their loan policies — interest rates, repayment periods, and eligibility criteria. Once approved by group administrators, loans are disbursed digitally to the member's mobile wallet within minutes. All repayments are tracked in real time and visible to authorized group members.
No strict minimum. You can start a group with just 2 people for a personal savings partnership, or scale up to hundreds of members for large cooperatives or church communities. The platform adjusts to your group's size and needs.
Venture tracking provides dedicated bookkeeping and financial management for each investment within a portfolio. It ensures that every project, startup, or business maintains accurate financial records, transparent capital allocation, and reliable performance reporting.
Each venture's accounting records typically include:
- Income Statement
- Balance Sheet
- Cash Flow Statement
This approach gives investors and stakeholders clear visibility into the financial health, profitability, and cash position of every investment.
The Group Management Committee includes a centralized document management system for securely storing and organizing important records such as group bylaws, meeting minutes, policies, agreements, and other official documents.
The Secretary is responsible for managing document access and visibility. Access permissions can be assigned to specific users or user groups, ensuring that sensitive information is available only to authorized individuals. This provides secure document sharing, controlled access, and efficient record management across the organization.
Start Your Journey with Penga
Whether you're starting your first group or migrating an existing one, our team is here to help.