This Acceptable Use Policy sets out the rules for how AjoMoney may and may not be used. By using our platform you agree to follow these rules. Violations may result in suspension or permanent termination of your account.
1. Permitted Uses
AjoMoney may only be used for:
- Creating and managing genuine rotating savings groups (Ajo, Esusu, Susu, Adashi-style)
- Creating and managing accumulation savings groups
- Tracking contributions and payouts between consenting members
- Inviting trusted individuals to join savings groups you manage
- Managing your personal profile and bank details
- Communicating with group members through the platform's built-in tools
2. Prohibited Activities
You must not use AjoMoney to:
Financial Fraud
- Create fake savings groups intended to collect money from unsuspecting members with no intent to pay out
- Upload false, fabricated, or doctored payment receipts
- Confirm contributions that were never actually received
- Record payouts that were never disbursed
- Use the platform to facilitate Ponzi schemes, pyramid schemes, or any form of financial fraud
- Collect contributions from members while planning to abscond with the funds
Identity and Impersonation
- Create accounts using someone else's name, email, or identity
- Impersonate any person, organisation, or AjoMoney itself
- Provide false identity information including BVN or NIN
- Create multiple accounts to abuse platform features
Harmful Conduct
- Harass, threaten, bully, or intimidate other users
- Share another user's personal or financial information without their consent
- Engage in any conduct that creates a hostile environment for other users
Platform Abuse
- Attempt to hack, probe, or exploit vulnerabilities in the platform
- Interfere with the operation of the platform or other users' accounts
- Use automated bots or scripts to interact with the platform
- Attempt to reverse engineer any part of the platform's software
- Circumvent any security or access controls
Illegal Activity
- Use the platform to launder money or obscure the origins of funds
- Use the platform in connection with any activity that violates Nigerian law or the laws of your country
- Use the platform to evade taxes or regulatory obligations
3. Group Admin Standards
Group admins are held to a higher standard because they hold responsibility for other members' money. In addition to the above, admins must not:
- Approve members they know are planning to default on contributions
- Delay disbursing payouts to recipients without valid reason
- Manipulate the rotation order for personal gain
- Remove members unfairly or without cause after they have contributed
- Apply penalties to members without justification
4. Reporting Violations
If you believe another user is violating this policy — especially if you suspect fraud — please report it to us immediately at info@ajomoney.ng. Include as much detail as possible including the group name and the nature of the issue.
If you believe a crime has been committed, please also report it to the Nigerian Police or the relevant law enforcement authority. AjoMoney will cooperate with law enforcement investigations.
5. Consequences of Violations
Depending on the severity of the violation, AjoMoney may:
- Issue a warning to your account
- Temporarily suspend your account
- Permanently ban your account and prevent re-registration
- Report the conduct to law enforcement where required
- Disclose your information to law enforcement agencies upon valid legal request