What a Savings Plan actually is from inside the dashboard, and the handful of configurations every plan is built from.
Every Savings Plan you see in the dashboard — whatever it’s called — is built from the same handful of choices: who can participate, and whether it’s flexible or locked to a fixed term. There’s no separate app or system behind each variation; they’re the same underlying plan type, configured differently.
A Private plan is yours alone — no one else can deposit into it. A Public plan can be joined by others during an open join window, the same instinct behind traditional group savings circles (ajo, esusu, njangi, stokvel), just enforced by the plan’s rules instead of a trusted organizer holding the record book.
A Flexible plan has no lock period — deposit or redeem whenever you want, with yield accruing continuously the whole time. A Locked plan commits to a fixed term — 6, 9, 12, or 24 months in the templates currently offered — and principal isn’t redeemable until that term is up. Locked plans generally carry a higher yield in exchange for that commitment.
When you deposit into a plan for the first time, you receive a Position — your individual, verifiable claim to your principal and yield within that plan. It’s not a row in a spreadsheet you have to trust; it’s something you hold, tied to your own wallet, and it’s what "owning" a savings plan actually means here.