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Seng is the Group Saving App that helps you Save Money Faster together with your friends, family and or colleagues.
Build Credit, Borrow Cheaper, Invest Better and Save Faster!
Social Awareness
Seng was founded exclusively by volunteers and people who made it their mission to do something about the financial inequality. For example experiencing income differences is one of the ungoing biggest issue we all deal with every day. By making Seng available to the public we want to lower the threshold and reduce the hassle for people who seek and need funding. At the same time people who want to help their friends, family members and or colleagues financially can do this through Seng in a safe way.
Seng is truly a simple way of supporting each other. With Seng we hope to empower users to help themselves and their network financially move forward to the better. Every year we organize beneficial get-togethers, business pitching workshops, lectures, events, and exhibitions to share our vision of how to turn around common financial issues. That is what we at $€NG are all about!
We know how it feels when you have to make ends meet. This is why family members, friends and colleagues support each other through group saving.
How Seng Helps
When I was growing up in San Nicolas, Aruba, this was a very popular way of getting a loan. We called it Partner Box or Partner Hand back then. The Seng system is a great alternative to those payday lenders who charge what I call “out-of-control” interest rates.
Fernando
Ik had snel geld nodig om rekeningen te betalen en om mijn droom bedrijf een vliegende start te geven. Ik gebruikte mijn eerste € 1.000 om te investeren in een goede 2e hands auto. De rest van mijn ontvangen uitbetaling investeerde ik in mijn bedrijf.
Dientje
If you get it later in the cycle, Seng acts as a savings account. I’ve used my first payout for expensive dental work. And I like that the peer pressure kept me paying on time…this is what I call loyalty from my money pool members who wanted to help me.
Melanie
Het is een feit dat kredietkringen zoals Seng verantwoordelijk zijn voor het ondersteunen van ondernemers die op hun beurt banen creëren. Hoe je ze ook noemt – kasmonies, susu’s, tanda’s, cundina’s, leenkringen, ROSCA’s (roterende spaar- en kredietassociaties) – ze werken, en het is tijd om ze uit de kast te halen!