All the Signs Your Ajo Group Is About to Crash

January 22, 2022

Last time, we told you about some of the worst experiences Nigerians have had with borrowing money. This time, we’re exploring how Nigerians have attempted to save and all the drama in between. Five Nigerians shared their worst experiences using Ajo. All we can say is, before you drop that ₦10k, read this. Ehe.

1. “The Ajo lead collected first”


I was in debt after the whole thing. My barber and I were close and he talked me into joining an Ajo group one of colleagues started. There were savings as a business so I felt it was alright. I should have known there was a problem when the guy starting the group insisted on collecting first to prove we were serious. My guy kept telling me nothing could go wrong. Telling me “Baba if anything wan shele I fit find this nigga clear am.” — Mtshw, money I borrowed from my brother. All I can say is, never again.  

2. “Iya Oloja died on my own month”


Why is my own always different please? Why? This is the first and last time I will do this rubbish please. A friend asked me to join a group run by a woman in their community. It was trustworthy enough since mama couldn’t run away now. Little did I know that mama only had two months to live. She ended up passing away when it was time for me to collect my own contribution and no one knows where this woman was keeping the money. I’m even angry just thinking about it.

3. “He promised to pay his share later”


I started an Ajo group to save money in school. One of the people contributing lost his job and asked me to help him pay for just one or two months. I was fine with it until other members of the group started asking me to pay for them too — it was either they lost their jobs or had urgent family matters they needed to handle. I kept covering up so the group wouldn’t fall apart, but from paying my own ₦10k each month, I moved to ₦60k because of other people. When they eventually paid me back, it was in small insignificant amounts. I was disgusted by the whole thing.

4. “Ajo Lead borrowed the one million naira for a trip with his family”


It was November 2020 and I was kind of broke. One day, I got into a conversation with the woman who had a POS shop on my street. Somehow, we started talking about saving money for the next year and she suggested joining her Ajo group. Initially I was skeptical but she swore that she had collected her money back the last — so why not? Later that evening, she shared my number with the group head and he added me to the Whatsapp group. The main group had ten people paying ₦200k to collect one million naira each month. But for individuals like me that couldn’t afford to pay ₦200k, we were paired with four people to contribute ₦50k and split the one million naira. 

Everything was cool until December. A few days before Christmas, the man coordinating the group chat sent a message to the group. I couldn’t believe my eyes at first. He said he needed to borrow one million naira for our group for a trip with his family — I thought it was bants. Until true true, December 31st came and baba didn’t say anything. I went to meet the POS lady and she kept telling me to be patient. One year later and I’m still being patient. The POS woman has even packed out of her shop and blocked my number. 

5. “I didn’t know them from Adam”


Hm. My story was a big mumu experience because I didn’t know these people from Adam. I found a savings group for women online. The group was called Lagos big babes and the fee was ₦500 — that should have been my cue to turn back, but no. Apart from needing the money for my rent, I was hoping to meet women that were open to exploring — the possibility of pleasure while saving didn’t seem so bad.  My eye cleared when I woke up one morning to find the group chat closed. There was nobody on the group chat again, even the babe I had been flirting with for a few weeks stopped picking my calls. That was one month of my salary gone and nowhere closer to getting an apartment. That was my own foolishness sha.

Join The Conversation

Bring a friend.

You'll like this

August 11, 2020

People owing you money are some of the hardest people to catch in this life, right after the people on FBI’s most-wanted list. These people can dodge so hard, even you will start to doubt if they truly exist.  If you’re sharp, there are ways you can catch them. 1. Show up at their house […]

December 29, 2020

On March 10 2020, I published the first-ever “A Week In The Life” story. It addressed the struggles of a female Keke driver who was punching her weight in a male-dominated field while also doubling as a breadwinner. This theme of understanding people’s work struggles set the tone for the rest of the episodes in the series. Since then, […]


Now on Zikoko

November 25, 2022

Just three months to the start of the 2023 elections, the National Chairman of the All Progressives Congress (APC), Senator Abdullahi Adamu, started a beef with the Independent National Electoral Commission (INEC). It wasn’t about electoral violence or vote buying but rather a new feature of the 2023 elections. The APC national chairman believes Nigeria […]

Recommended Quizzes

November 27, 2019

Do you have a face that could make angels jealous, or should you really be walking around with a nylon bag over your head so you don’t scare children? Well, this quiz is here to answer that by telling you exactly how good-looking you are. Take and find out: 11 Quizzes For People Who Aren’t […]

November 11, 2019

Everyone has something to say about what kind of person they are. But how well do we truthfully evaluate these things? Not that much, I can assure you. The average person is always lying to themselves to make sure they look good. But you know what and who doesn’t lie? Zikoko quizzes that’s what. Take […]

April 14, 2020

Every friend group consists of very different and specific characters — from the parent to the fun one — and it can be a little tough figuring out where you fall. So, we’ve created a quiz that lets you know exactly what kind of friend you are. Take to find out:

More from Money

November 22, 2022

Among the things Douglas* wished for on his 24th birthday, finding love was not one of them. When he met Susie* in 2021, everything seemed right, even though she’s an unemployed student. But she agreed to date him if he promised not to treat her as his dependant.


Trending Videos

Zikoko Originals

September 13, 2022
Vs The World is a Zikoko original video series that follows best friends Astor and Hassan as they take on the world.
August 23, 2022
Zikoko Ships is a Zikoko Original series where we invite two people who share a relationship to play the Zikoko card games
December 14, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
November 2, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
October 26, 2020
A collection of videos documenting some of the events of the EndSARS protests.
June 22, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
June 22, 2020
Hacked is an interesting new series by Zikoko made up of fictional but hilarious chat conversations.
June 4, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
June 2, 2020
Quickie is a video series where everyone featured gets only one minute to rant, review or do absolutely anything.
May 14, 2020
Isolation Diary is a Zikoko series that showcases what isolation is like for one young Nigerian working from home due to the Coronavirus pandemic.

Z! Stacks

Here's a rabbit hole of stories to lose yourself in:

Zikoko amplifies African youth culture by curating and creating smart and joyful content for young Africans and the world.