DAR ES SALAAM, Nov. 10 -- VODACOM has launched MCHEZO by M-Pesa, a digital service platform designed to help Tanzanians manage upatu savings groups through their mobile phones, bringing greater transparency and structure to group contributions, payments and record-keeping.

Upatu is a long-established savings practice in Tanzania, allowing people to contribute regularly and take turns receiving pooled funds. However, reliance on cash collection and manual records can create challenges in tracking contributions, managing payments and resolving disputes.

MCHEZO by M-Pesa addresses these challenges by enabling group organisers, commonly known as vijumbe, to create groups, set contribution amounts and schedules, invite members and manage pay...