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Mizani Core vs spreadsheets & manual passbooks

Last reviewed 25 June 2026

Short answer

For a brand-new group of a few people meeting in person, a spreadsheet or passbook can work. It breaks down as the group grows: only the treasurer sees the numbers, nothing reconciles to the real mobile-money balance, and there's no second-officer check on payments.

Almost every savings group starts the same way: a treasurer's passbook or a shared spreadsheet, updated by hand after each meeting. It costs nothing and everyone understands it — which is exactly why it lasts longer than it should.

The trouble is trust. Only the treasurer sees the full picture, nothing checks the book against the group's real mobile-money balance, and one person effectively controls the record. Small errors go unnoticed until share-out, when they turn into arguments. Mizani Core keeps the same simple idea — one record for the group — but puts it on every member's phone, reconciles it to the real balance, and requires a second officer to approve money moving.

Feature by feature

FeatureMizani CoreSpreadsheets & manual passbooks
Reconciles to mobile moneyChecks the book against the group's real mobile-money balance so nothing quietly goes missing.YesAgainst the real balanceNo
Two-person approvalMoney only moves when a second officer signs off — no single point of trust.YesNo
Per-member statementsEvery member sees their own savings, loans and shares on their own phone.YesOn every member's phoneNoTreasurer only
Loans & arrearsLend at the rates you set, track repayments, guarantors and arrears.YesRates, guarantors, arrearsPartialBy hand
Cycle share-outSplit the pot fairly at cycle-end with maths everyone can check.YesPartialManual counting
Works for members without smartphonesOfficers manage members offline; each can claim their record later by phone.YesManaged members + claim laterYesPaper works offline
Regulatory complianceFor registered SACCOs: tracks your prudential ratios, builds the regulatory returns, keeps a compliance calendar and audit-ready registers — tuned to your country's SACCO rules.YesCountry-aware (UG, RW)No
WhatsApp updatesReminders and confirmations land in the chat the group already uses.YesNo
Local languagesUsable in the languages members actually speak.PartialEnglish; more in progressYesAny language

Where spreadsheets & manual passbooks works

  • No software to learn and nothing to pay for
  • Works with no smartphones and no internet
  • Everyone understands a notebook

Best for: A brand-new group of a few people who meet in person every week.

Where it falls short

  • Only the treasurer can see the numbers — members have to take it on trust
  • Nothing checks the book against the real mobile-money balance, so errors and gaps go unnoticed
  • No second-officer approval; a single person controls the record
  • Share-out day means hours of manual counting and frequent disputes

Frequently asked questions

Is a spreadsheet good enough for a savings group?

For a brand-new group of a few people meeting in person, a spreadsheet or passbook can work. It breaks down as the group grows: only the treasurer sees the numbers, nothing reconciles to the real mobile-money balance, and there's no second-officer check on payments.

Why move from a passbook to Mizani Core?

Mizani Core keeps the same single-record idea but puts each member's statement on their own phone, reconciles the book to the group's real mobile-money balance, and requires two officers to approve money movements — removing the single point of trust a passbook depends on.

Put your group on an honest record

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