FAQ

What is FAROTY’s mission and vision?

Simplifying community finance for everyone.

  • Innovating for access to funding: Offering digital financial management solutions adapted to local and global contexts.
  • Connecting to make it happen: Creating a bridge between project creators (individuals, entrepreneurs, associations) and their communities to bring their projects to life.
  • Committing to inclusion: Promoting digital solidarity through transparent and high-performance crowdfunding tools.

Faroty's commitment: A secure environment where technology serves trust for optimal financial management.

How to manage your group, association or mutual with ASSO+?

ASSO+ is the ideal solution for the financial management of groups, associations, tontines, and mutual societies. The application centralizes subscriptions, contributions, and expenses within a highly secure digital space.

For managers and members:

  • Real-time monitoring: Track payments, view balances, and generate detailed reports instantly.
  • Total transparency: Each member accesses their own contribution history, which strengthens trust within the group.
  • Zero missed payments: ASSO+ sends personalized reminders according to your schedule to ensure no deadlines are missed, allowing you to pay at your own pace.

Why choose ASSO+?

The tool drastically reduces manual management errors, optimizes administrative organization, and guarantees perfect traceability of collected funds. This makes daily life easier for groups and communities and reinforces credibility among the members of the organization.

Ready to get started? Go to groups.faroty.com to create your group today.

Why and how to create a crowdfunding campaign on Faroty?

Mobilize your community with Faroty

Creating a campaign on Faroty allows you to unite your network, both locally and internationally, to finance your personal, educational, entrepreneurial, or associative projects.

A complete and secure payment solution

The platform simplifies contributions thanks to a wide range of secure payment methods: Orange Money (OM), Mobile Money (MoMo), Visa, and PayPal. To optimize your success, Faroty provides you with advanced management tools, including in-kind contributions and donations with rewards. You benefit from real-time monitoring and complete traceability of transactions, a guarantee of credibility with your donors.

Get started in just a few clicks

Access the platform at crowdfunding.faroty.com, click on Create a campaign, enter the title and description, define your goal, describe your project, and publish your campaign. Then all you have to do is share your unique link via WhatsApp, email, or social networks to boost your visibility.

How to withdraw your funds after a collection or campaign?

Withdrawing funds on Faroty can be done at any time during a collection.

It is a simple, structured, and fully secure process. Once your campaign has ended or your goal has been reached, you can initiate your withdrawal request directly from your personal dashboard.

The key steps for withdrawal:

  • Identity verification (KYC): If not already done, an identity verification procedure is carried out to guarantee the security of the transaction and confirm the identity of the recipient.
  • Fast and flexible transfer: Funds are transferred to the legitimate recipient via Orange Money or MTN Mobile Money.
  • Bank transfer option: It is also possible to receive the funds in a bank account, with a maximum processing time of 72 hours.

This system guarantees complete traceability and total transparency, thereby reducing the risk of fraud and ensuring smooth, reliable management of your collected funds.

What guarantees does Faroty offer for its services?

Faroty is a major Pan-African fintech, based in Cameroon and rapidly expanding across the continent. Our credibility is built on strong pillars:

  • Institutional Recognition: We are a member of GECAM (the main employers' association in Cameroon) as well as several major business networks.
  • Regulatory Compliance: Faroty rigorously adheres to the standards set by ART and ANTIC for data management and communications with telecom operators.
  • Strategic Partnerships: We work closely with public administrations, telecommunications operators, and leading banking institutions.
  • Security and Transparency: Use of advanced protection protocols to secure personal and financial data.
    • Systematic verification of campaigns to prevent fraud.
    • Complete traceability of transactions, viewable in real-time by organizers and contributors.
  • Financial Rigor: Compliance with current financial regulations guarantees a secure environment for collecting, managing, and withdrawing funds with complete peace of mind.

How to benefit from a specific service or application on Faroty?

Faroty supports businesses, associations, and institutions in carrying out their digital projects through tailor-made solutions perfectly adapted to their specific needs.

The collaboration process:

  1. Sharing your needs: Contact our team to present your requirements in detail. You can reach us via:
  • Phone (Customer Service): (+237) 679 91 000 21
  • Email: business@faroty.com
  • Social Media: Facebook, Instagram, X (Twitter), LinkedIn or TikTok
  1. Study and Proposal: After analyzing your request, our experts develop a personalized technical and financial proposal.
  2. End-to-End Support: Faroty accompanies you at every stage, from initial design to final deployment. We natively integrate security, performance, and compliance requirements.

Why choose Faroty?

This collaborative approach allows our partners to benefit from Faroty's technical infrastructure and have a digital solution aligned with their strategic objectives, while leveraging the company's cutting-edge technological expertise.