What We Offer
Real products. Real value. No interest.
Every product Famly offers is built on one principle your money should serve you. Interest-free, transparent, and rooted in the values of the cooperative.
SAVE MORE
Contributions + Savings Plan
BUY SMARTER
Group Deals
GROW WEALTH
Investments (Coming Soon)
Your Monthly Contribution, Split Automatically To Build Access And Long-Term Wealth.
Contributions
Every contribution is split 60:40. 60% stays in your Available Contributions Balance — withdraw it any time. 40% is pooled with other members’ contributions, invested ethically, and earns dividends paid to you at year-end. It also serves as a collateral for loans, asset financing and Buy Now Pay Later (BNPL)
ACCESS ANYTIME
Your 60% is yours to use whenever you need it. No requests, no waiting.
WORKING FOR YOU
our 40% is invested and earns dividends paid out at the end of every financial year.
TRANSPARENT
Both balances show in real time in your app. You always know exactly where you stand.
60%
Available Contributions Balance. Withdraw anytime.
40%
Locked Contributions, Balance Invested. Dividends at year-end.
Save With Intention For Personal Goals, Shared Dreams, or Simply Putting Spare Funds To Work.
Savings Plans
Beyond your monthly contributions, Famly gives you three dedicated savings tools; each built for a different purpose.
Individual Goal Savings
FAMTARGET
Set a target, pick a date, save at your own pace. Whether it is rent, school fees, or a holiday — FamTarget gives your money a name and a purpose.
- Name your goal, set a target amount and deadline.
- Save any amount, at any frequency — no fixed schedule.
- Track progress in real time. Access funds when your goal is reached, or earlier if needed
Shared Goal/Ajo Model
GROUP TARGET SAVINGS
One member creates the group, sets the goal, and invites friends, family, or colleagues. Everyone contributes at their own pace and tracks collective progress together.
- Perfect for weddings, family reunions, Christmas,or Hajj and Umrah funds
- Contributions are visible to all group members — everyone stays accountable
- Funds are held securely and released when the group reaches its target
Fixed Savings With Returns
FAMLOCK
Have money you do not need right now? FamLock puts it to work. Lock any amount for a fixed period, earn returns, and receive your earnings automatically when the period ends.
- Earn returns on locked funds paid automatically at maturity
- Funds are locked for the full period — the discipline is built in
- Ideal for salary earners and business owners with surplus between income cycles
Pay Your Bills In Seconds, Directly From Your Famly Wallet.
Bill payments
All your bills in one place — no app switching, no card details every time. Available from day one of membership.
INSTANT PROCESSING
Payments process in real time — no delays, no unresolved failures.
RECEIPT IN THE APP
Every transaction generates a record you can access any time.
One Wallet, All Bills
Fund once, pay multiple bills from one balance — no card needed each time.
Pool Your Funds With Other Members. Buy More. Pay less.
Group Deals
Famly negotiates bulk pricing on everyday essentials and electronics, then passes the savings directly to you. Browse live deals, commit your funds, and receive your items as part of the group order.
HOW IT WORKS
- Browse active deals in the app and commit your wallet funds before the cycle closes.
- Once the group target is reached, the order is placed and delivered to you directly.
- If a deal does not reach its minimum, all committed funds are refunded in full within 24 hours.
Groceries & Food
Rice, oil, beans, protein, seasonings — sourced in bulk, priced for real savings.
Household Essentials
Detergents, toiletries, and everyday home items — quality-checked and affordable.
ELECTRONICS
Phones, appliances, generators — group ordering means you pay the real price, not the retail markup.
Get The Utilities You Need Today. Pay Later Through Your Contributions.
Buy now, pay later
Running low on wallet balance? Active Famly members can pay for essential utilities now and settle the amount within 14 days time. No application. No credit check.
Who can use BNPL?
Available to members with a minimum of 90 consecutive days of active contributions. Service charges apply: ₦25 for airtime and data, ₦100 for electricity, ₦250 for cable TV — displayed at confirmation before you proceed.
Bank Grade Protection. Your Funds And Data Are Safe With Us
Your security
Security is not a feature at Famly — it is the foundation. Multiple independent layers protect your identity and your money at every step.
Your Savings, Working In Sharia Compliant, Professionally Managed Investments.
Ethical investments
Famly is adding structured investment options through a regulated Nigerian fund manager. Your locked contributions already generate dividends — this goes further.
Get the phone, appliance, or equipment you need — at the real cost, over time.
Asset Financing
Famly will let you acquire essential goods — phones, laptops, appliances — without a conventional loan or hire-purchase. You pay a fixed, disclosed total. No compounding, no surprises.