Tontine templates
Fixed order or draw, amount of each hand, frequency, penalties, guarantees: the rules are chosen at the start and never change.
Elmo's Tontine · For associations and their treasurers
Tontines that run smoothly, from the first contribution to the last round.
Elmo's Tontine helps associations run their tontine (rotating savings group) sessions, track every contribution and pay out every pot with complete clarity, so that trust among members grows stronger.
Designed for
- Treasurers who keep the accounts
- Chairs who approve payouts
- Members who want to follow their contributions
- Roving collectors in neighbourhoods and markets
Key features
Everything you need to run a tontine with peace of mind
From setting up the template to closing a session, every step is guided.
Cycle calendar
All rounds are scheduled in advance, with the date, the beneficiary and the status of each session.
Guided sessions
Opening, checking contributions, payout, then closing: a simple sequence that ends with a session log.
Multi-channel contributions
Paid at the session, to a roving collector or in a shop, always with a record of who holds the funds.
Cash box and handovers
Where the money is at any moment: session cash box, collectors, shops. Handovers are confirmed by the treasurer.
Late payments and defaults
Grace period, penalties, guarantors and reminders: unpaid contributions are dealt with before they become disputes.
Payout with double validation
The treasurer prepares it, the chair approves it, and the beneficiary confirms receipt with a one-time code.
Verifiable draw
When the round is drawn by lot, every member can check that the draw is fair.
App for members
A receipt for every contribution, pot tracking, hands still eligible and a complete history, all from a phone.
A typical session
How a session runs with Elmo's Tontine
Every member knows where the session stands, and what each person owes.
- 01
Opening
The treasurer opens the session and notes who is present.
- 02
Checking contributions
Each contribution is recorded; the balance due and any penalties are calculated automatically.
- 03
Payout
The pot is prepared, approved by the chair, then handed to the beneficiary in exchange for a code.
- 04
Closing
A session log is produced, ready to be shared or printed.
For trust among members
A tontine where everyone can see clearly
The rules are set from the start, and every movement of money leaves a trace.
Fixed rulesOnce the tontine has started, nobody can change the rules during the cycle.
Unalterable registerA mistake is corrected by a reversing entry with a stated reason, never by erasing.
Receipts by SMSEach member receives proof of their contribution on their phone.
GuarantorsA guarantor covers members who receive before they have finished contributing.
Frequently asked questions
What we are often asked
Can we manage several tontines at once?
Yes. One association can run several tontines, each with different rules.
Are members without a smartphone left out?
No. They receive their receipts by SMS and can contribute through a collector or in a shop.
What happens if a member does not pay?
A grace period applies, then the penalties set out in the rules. The guarantor can be called upon as a last resort.
Is a draw by lot really fair?
The draw is carried out by the platform in front of the members, and everyone can check it afterwards.
Let's give your tontine the means to last
Discover Elmo's Tontine with your own set-up.