> For the complete documentation index, see [llms.txt](https://docs.xend.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.xend.finance/xend-finance-functions/cooperative-savings.md).

# Cooperative Savings

Cooperative savings are groups owned and operated by and for their members/contributors, using pooled funds for the interest and benefits of its member. On Xend Finance, you can be part of a cooperative savings cycle by depositing the amount for one or more stakes. In cooperative savings, one stake might be worth $10, so to contribute in that particular cooperative cycle, you can get a stake for $10, two stakes for $20, and so on. This differs from the Esusu cycle where there is a fixed deposit amount every member/contributor in the cycle has to deposit.

## Cooperative Savings Features

Just as in Esusu cycles, a Cooperative savings cycle has to be created as part of a group. Here is how to create a group.

{% content-ref url="/pages/-MOXuJCRg9Gaw4a\_-XUZ" %}
[Groups](/xend-finance-functions/groups.md)
{% endcontent-ref %}

### **Create a Cooperative Savings cycle**

Click “Open”

![](/files/-MOYHMlSfn4AxQWoQylW)

Click “Create Cooperative Savings Cycle”

![](/files/-MOSMsLzkPQ9sV2W5gXg)

Enter required predefined rules

Click “Create Cooperative”

![](/files/-MOSMsM-fAkAJ74RIvXY)

MetaMask notification pops up

Click “Confirm”

![](/files/-MOSMsM03lhD56ygXX3p)

**The notification “you have joined cycle successfully” pops up**

![](/files/-MOSMsM175vTuTDYCWgo)

### **Join a Cooperative Savings cycle**

**Below the Cooperative group created;**

* Click “Open”

![](/files/-MOSMsM2lic5Xlv7zOq8)

* Click “Join Cooperative Cycle”

![](/files/-MOSMsM3PL1GFzR70-e9)

**MetaMask notification page pops up.**

* Click “Confirm”

![](/files/-MOSMsM4dz9LcAVuHAkt) ![](/files/-MOSMsM5WgzYjzSRYL8x)

**Notification; “You have joined cooperative cycle successfully” pops up.**