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Saving money is not new to Nigerians. For years, many people have relied on Ajo (thrift contribution) to stay disciplined and achieve their financial goals.
But here’s the big question:
If you’re already disciplined enough to save… shouldn’t you be rewarded for it?
That’s exactly why Simplebox was created.
Let’s compare both and see why Simplebox is the smarter way to save.
What Is Ajo (Thrift)?
Ajo is a traditional savings system where:
You contribute daily, weekly, or monthly
A collector manages the contributions
You receive your money at the end of the cycle
Sometimes one day’s contribution is taken as a service fee
It has helped many people build discipline. But financially… it does not reward you.
You simply collect what you saved.
No bonus.
No extra benefit.
What Is Simplebox?
Simplebox is a structured savings plan that rewards consistency.
Here’s how it works:
Step 1: Choose Your Plan
6 Months Plan
11 Months Plan
Step 2: Save Monthly
Contribute consistently every month.
Step 3: Earn a Bonus
6 Months → Earn 50% bonus
11 Months → Earn 100% bonus
Yes, your discipline earns you extra.
Simplebox vs Ajo — The Clear Difference
1️⃣ Reward System
Ajo:
You get back exactly what you saved (sometimes minus charges).
Simplebox:
You earn up to 50% or 100% bonus for staying consistent.
👉 With Simplebox, your discipline pays you.
2️⃣ Structure & Planning
Ajo:
Flexible but informal.
No structured reward plan.
Simplebox:
Clear timeline.
Clear goal.
Clear bonus.
👉 You know exactly what you’re working toward.
3️⃣ Security
Ajo:
Cash-based.
Risk of collector issues.
No digital record.
Simplebox:
Secure digital platform.
Transparent tracking.
Your savings are recorded and protected.
👉 Your money stays safe and traceable.
4️⃣ Growth
Ajo:
Savings only.
Simplebox:
Savings + Bonus = Growth.
Why just collect your money when you can grow it?
The Simplebox Formula
Choose 6 or 11 Months
Save Monthly
Stay Consistent
Earn 50% or 100% Bonus 🎉
The Bottom Line
Ajo builds discipline.
Simplebox rewards discipline.
If you’re already saving, it’s time to upgrade.
Stop just saving.
Start earning for your consistency.