How to start a digital paluwagan group

Paano magsimula ng digital paluwagan? (How to start a digital paluwagan?)

Starting a digital paluwagan with Sinking Finance takes just a few minutes. Here is a complete guide.

Step 1 — Create an account

Register at Sinking Finance with your email address. Verify your email to activate your account.

Step 2 — Create a fund

1. Click Create Fund on the Funds page.
2. Enter a fund name (e.g., "Office Paluwagan 2026").
3. Set the start date and end date for the paluwagan cycle.
4. Configure the head value — this is the contribution per period (e.g., ₱500 per cutoff).

Step 3 — Invite members

1. Go to your fund's detail page.
2. Click Invite Members.
3. Enter each member's email address.
4. Members receive an email invitation to join.

Step 4 — Configure contribution schedules

The system automatically generates a schedule every 15 days from the fund's start date. You can also set custom cutoff days (e.g., 15th and 30th of each month).

Step 5 — Set up payment methods

Add your group's GCash, Maya, or bank account details so members know where to send contributions.

Step 6 — Start collecting

Members submit their contributions with a screenshot or receipt as evidence. You review and approve each submission.

Tips para sa iyong grupo (Tips for your group)

• Communicate clearly — Share the fund rules before anyone joins.
• Use the penalty system — Configure automatic penalties for late payers to keep everyone accountable.
• Download statements — Generate PDF statements for each member at the end of the cycle.
• Enable reminders — The system can send email reminders before each due date.