Savings group share-out

Turn the cycle’s shares, income and outstanding loans into each member’s payout.

Uganda · No sign-up · Calculated in your browser

Start with these example figures, then enter your own.

The savings cycle

Price of one share (UGX)

Interest earned on loans (UGX)

Other income, such as fines (UGX)

Leave the social fund out unless your constitution shares it.

Members and shares

Enter each member’s shares and any loan still owed, in UGX.

Name

Loan owed

Name

Loan owed

Name

Loan owed

Member payouts

The share of the pool, less any outstanding loan.

Member	Shares	Savings	Share of pool	Loan owed	Payout
Member 1	40	UGX 80,000	UGX 128,000	UGX 0	UGX 128,000
Member 2	30	UGX 60,000	UGX 96,000	UGX 20,000	UGX 76,000
Member 3	30	UGX 60,000	UGX 96,000	UGX 0	UGX 96,000

100 shares in total. Rounding leftover: UGX 0.

This tool is an illustration calculated in your browser; nothing you enter is sent or stored. Your group’s own rules, your loan agreement and your regulator decide the real figures. SenteRail is software, not a lender, bank or adviser.

How a share-out works

Through the cycle, members buy shares at a fixed price and the group lends from the pool. Interest on those loans, and income such as fines, grows the pool. At the end of the cycle the pool is divided in proportion to the shares each member holds, so the value of one share is the pool divided by all shares.

In common practice the social fund is kept separate and is not shared out, and a member’s outstanding loan is taken from their payout. Your group’s constitution decides both.

Rounding

Each payout is rounded down to the smallest shilling and any small leftover is shown, so the books always balance and nobody is paid more than the pool holds.

Keeping the cycle on one record

SenteRail keeps contribution and loan records together, with statements for members. This standalone calculator helps you explore a share-out example; it does not run a savings cycle in the product.

Questions about the year-end share-out

Common VSLA practice; your constitution has the final say.

Is the social fund shared out?

In common VSLA practice the social fund is kept separate and is not part of the share-out. This calculator leaves it out; add it only if your constitution says otherwise.

How are outstanding loans treated?

The calculator subtracts a member’s outstanding loan from that member’s payout, which is a common rule. If your group settles loans differently, leave the loan column at zero.

Why is there a rounding remainder?

Each payout is rounded down to the smallest shilling so no member is paid more than the pool holds. The small leftover is shown instead of being given silently to one member; your group decides where it goes.

Is anything I enter stored?

No. Names and amounts stay in your browser and are not sent or saved.

Run this on one shared record

SenteRail is the Back Office for officials and the Member App for members. Register your group, or read how it fits yours.