A chit fund was a very popular type of savings scheme in and forms the major chunk of the unorganized money market industry of India. The chit fund company, which runs a chit fund, provides access to savings and borrowings for people with limited access to banking facilities.
Many large scale chit organizers use some kind of software to maintain records of their chits but small scale chit organizers could not afford that kind of software, we want to build an end-to-end application which contains all the activities involved in chits.
We would also like to design UI of the app such a way that it should be easy to use by users having basic knowledge in using smart phones.