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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

5 lenders
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.

Amaka’s tape816 sales
  1. plate, jollof and chicken4.50
  2. PaidNgozi A., interest0.04
  3. Costtomatoes, peppers−12.00
  4. loan, last 5 sales−2.83
  5. two plates8.03
  6. plate, jollof and chicken4.50
  7. plate, jollof and chicken4.50
  8. LentKemi O., into the pool20.00
  9. two plates8.11
  10. plate, jollof3.20
  11. loan, last 5 sales−2.19
  12. plate, jollof and chicken4.50
  13. a drink1.09
  14. CostChinedu, the day−32.94
  15. two plates7.15
  16. two plates8.45
  17. a drink0.84
  18. loan, last 5 sales−1.86
  19. plate, jollof3.20
  20. Costgas refill−15.02
  21. plate, jollof and chicken4.50

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.

Everyone who lent

$1.09 paid to lenders so far, out of sales, before anything else.