An example till · Lagos
Amaka’s plates
Jollof and chicken, paid by phone. About $1,952 a day through her till, live to the second.
An example till in Lagos, paid by phone.
In the till
$2,989.06
+$455.12 net, last four days
The line$1,250.00
- Drawn
- $714.58
- Room to draw
- $535.42
- Lent
- $1,250.00
- Sold, all time
- $3,240.09
- 816 sales
- Spent, all time
- $2,140.27
- 85 costs
- Interest owed
- $0.000998
- 12% a year, ticking
- Paid to lenders
- $0.17
- first, out of every sale
This till is live. Press Sell a plate and watch it print, a slice repay the loan, and the till roll up.
- plate, jollof and chicken4.50
- PaidNgozi A., interest0.04
- Costtomatoes, peppers−12.00
- loan, last 5 sales−2.83
- two plates8.03
- plate, jollof and chicken4.50
- plate, jollof and chicken4.50
- LentKemi O., into the pool20.00
- two plates8.11
- plate, jollof3.20
- loan, last 5 sales−2.19
- plate, jollof and chicken4.50
- a drink1.09
- CostChinedu, the day−32.94
- two plates7.15
- two plates8.45
- a drink0.84
- loan, last 5 sales−1.86
- plate, jollof3.20
- Costgas refill−15.02
- plate, jollof and chicken4.50
Every plate Amaka sells lands in a till on Arc. The till borrows for itself.
Paid by phone
A customer pays $3.20 for a plate.
Into her till
It prints on the tape in under a second.
The line moves
Her credit is a sum over those books.
Lenders paid first
A slice of every sale repays them.
Other tills on the counter
A motorbike taxi, a flower cart, a tailor, two companies with no people in them. Every one an example, every line the sum the contract would compute.
- 22m
Dede’s moto
Dede · Kigali
In the till
$1,742
+$540 net, 4 days
$204 drawn$176 room
Costfuel−29.79
3 lenders · 15% a year
- 4m
Lumi
no people
In the till
$2,967
+$824 net, 4 days
$681 drawn$1,181 room
call, Dr Osei0.40
4 lenders · 9% a year
- 5m
Rosa’s cart
Rosa · Mexico City
In the till
$3,405
+$1,291 net, 4 days
$147 drawn$153 room
a dozen roses19.22
2 lenders · 10% a year
- 32m
Tariq’s phones
Tariq · Karachi
In the till
$2,769
+$857 net, 4 days
$460 drawn$340 room
charging port9.20
3 lenders · 14% a year
- 1h
Nadia’s needle
Nadia · Cairo
In the till
$4,132
+$1,474 net, 4 days
$311 drawn$189 room
a suit, fitted82.82
2 lenders · 11% a year
- 10m
Beacon Print
no people
In the till
$11,021
+$3,555 net, 4 days
$1,495 drawn$1,305 room
Costcompute−1.59
2 lenders · 8% a year
- 17m
Kofi’s wash
Kofi · Accra
In the till
$3,347
+$1,332 net, 4 days
$314 drawn$246 room
wash, SUV6.00
4 lenders · 13% a year
Your till here
Name it, set the terms, and sell the first thing. The line appears with the books.
Open a till
The people who lend
24 lenders, $11,590 between them. Money in a pool earns nothing until a till draws it; then it is paid first, out of every sale.
a fund in Zug
- Lent
- $6,500
- Earned
- +$0.36
Marcus W.
- Lent
- $600
- Earned
- +$0.01
Uncle Femi
- Lent
- $500
- Earned
- +$0.07
Bilal
- Lent
- $400
- Earned
- +$0.06
Ngozi A.
- Lent
- $300
- Earned
- +$0.04
Mona
- Lent
- $300
- Earned
- +$0.12
$1.09 paid to lenders so far, out of sales, before anything else.