Shares Report: Member Savings & Ownership Distribution

The Shares Report shows how the total savings pool is distributed across your membership. For each member it displays their current savings balance and the percentage of total savings that balance represents — their “share” of the group’s equity. Because dividends in most tontines are allocated in proportion to member contributions, the shares report is the definitive reference before any profit distribution. It is also the most transparent way to show members their standing in the group at an Annual General Meeting or quarterly review.

The reports:read permission is required. Only members with a positive savings balance appear in the report — members with a zero or negative balance are excluded. All figures are drawn from posted journal entries up to and including the asOfDate.

API Endpoint

GET /reports/shares-report?asOfDate={YYYY-MM-DD}
x-organization-id: {organizationId}

Query parameters

Parameter	Type	Required	Description
`asOfDate`	ISO date	No	Snapshot date. Defaults to today if omitted.

Response Structure

{
  "asOfDate": "2026-06-30T00:00:00.000Z",
  "totalShares": 10000000.00,
  "rows": [
    {
      "organizationUserId": "orguser-123",
      "name": "John Doe",
      "accountNumber": "SAV-001",
      "amount": 1200000.00,
      "percentage": 12.00
    },
    {
      "organizationUserId": "orguser-456",
      "name": "Jane Smith",
      "accountNumber": "SAV-002",
      "amount": 1000000.00,
      "percentage": 10.00
    },
    {
      "organizationUserId": "orguser-789",
      "name": "Peter Kalisa",
      "accountNumber": "SAV-003",
      "amount": 800000.00,
      "percentage": 8.00
    }
  ]
}

Response fields

Field	Type	Description
`asOfDate`	ISO datetime	The snapshot date used for the report
`totalShares`	number	Sum of all member savings balances with positive values
`rows`	array	Member share records, sorted by `amount` descending (largest first)
`rows[].organizationUserId`	string	Member’s organization user ID
`rows[].name`	string	Member’s full name
`rows[].accountNumber`	string	Savings ledger account number
`rows[].amount`	number	Member’s savings balance as of `asOfDate`
`rows[].percentage`	number	`amount ÷ totalShares × 100`, rounded to 2 decimal places

In Agatabo’s tontine model, a share is simply a member’s current savings balance. There are no certificates or fixed units — ownership is fluid and updates automatically with every deposit and withdrawal.

Share Percentage = (Member's Savings Balance ÷ Total Group Savings) × 100

Example:
  Total group savings: 10,000,000 RWF
  Jane's savings:         500,000 RWF
  Jane's share:               5.00%

This percentage directly determines:

Dividend allocation when profits are distributed by contribution
Ownership stake in the group’s net equity
Proportional claim on group assets if the group were ever dissolved

A member’s percentage can change even if their own balance stays the same — because other members are also depositing. If the total pool grows faster than an individual member’s balance, their percentage falls. Explain this dynamic to members before publishing the report to avoid confusion.

Four Use Cases

Dividend Distribution Planning

Before running a dividend distribution, generate the shares report to preview each member’s exact allocation.

GET /reports/shares-report?asOfDate=2026-06-30

Calculation example — distributing 500,000 RWF profit proportionally:

Member	Share %	Dividend (500,000 RWF)
John Doe	12.00%	60,000 RWF
Jane Smith	10.00%	50,000 RWF
Peter Kalisa	8.00%	40,000 RWF
…	…	…

Verify these figures against member records before posting dividend transactions.

Member Equity Tracking

Run the report at the end of each quarter and compare it to the previous quarter to show members how their ownership stake is evolving.What to look for:

Members whose balance and percentage are both growing — actively contributing
Members whose balance is flat but percentage is declining — being diluted by others’ deposits
Members who have dropped out of the report entirely — withdrew all savings or became inactive

Transparency at General Meetings

Print or project the shares report at your Annual General Meeting so every member can see:

Their exact savings balance (“You have 500,000 RWF in savings”)
Their ownership percentage (“That is 5.00% of the total pool”)
The basis for their dividend (“If we distribute 1,000,000 RWF, you receive 50,000 RWF”)

This level of transparency builds trust and reduces disputes about profit allocation.

Board Reporting on Ownership Concentration

Use the report to assess whether savings are broadly distributed or concentrated in a few large accounts. High concentration (e.g., top three members holding 50%+ of savings) can indicate governance risk if those members withdraw simultaneously.Key metrics to present:

Total shares and growth vs prior period
Number of active members (rows in the report)
Percentage held by top 10% of members
Average balance per member

A member’s balance increases when:

They make a deposit
Interest is credited to their savings account
A dividend is reinvested rather than paid out

A member’s balance decreases when:

They make a withdrawal (subject to group rules)
Fees are deducted from their savings account

A member’s percentage changes when:

Their own balance changes, or
The total group savings changes because other members deposit or withdraw

Illustrative example:

Month 1:
  Jane's balance:   500,000 RWF
  Total savings: 10,000,000 RWF
  Jane's share:        5.00%

Month 2 (Jane deposits 100,000 RWF; others deposit 2,000,000 RWF collectively):
  Jane's balance:   600,000 RWF
  Total savings: 12,100,000 RWF
  Jane's new share:    4.96%  ← lower despite a higher balance

Jane’s absolute savings grew, but her percentage fell because the total pool grew faster. This is normal and expected — it is not an error.

Key Metrics

Calculate these figures from the report data to present in board or AGM materials: Average share per member:

Average = totalShares ÷ number of rows

Ownership concentration (top 10%):

Concentration = Sum of balances for top 10% of members ÷ totalShares × 100

A healthy organization typically shows 20–40% concentration in the top 10% of members. Significantly higher concentration warrants a governance review. Member participation rate:

Participation Rate = Active members in report ÷ Total registered members × 100

Aim for above 80% of registered members actively saving.

Reconciliation with the Balance Sheet

The totalShares in this report must equal the Organization User Savings liability line on the Balance Sheet when both reports are run as of the same date.

Balance Sheet — Liabilities (as of June 30, 2026):
  Organization User Savings:  10,000,000 RWF

Shares Report (asOfDate = June 30, 2026):
  totalShares:                10,000,000 RWF  ✓ Must match

If the figures differ, check for recently posted transactions that may not yet be reflected, or look for savings accounts that were missed in one report’s query.

Balance Sheet

Total shares equals the Member Savings liability line

Profit & Loss

Net profit is the pool available for dividend distribution

Loans Outstanding

Member savings fund the loan portfolio shown here

Report Export

Bundle the shares report with other reports for member meetings

​API Endpoint

​Response Structure

​What Is a Share?

​Four Use Cases

​Understanding Share Changes

​Key Metrics

​Reconciliation with the Balance Sheet

​Related Reports

Balance Sheet

Profit & Loss

Loans Outstanding

Report Export

API Endpoint

Response Structure

What Is a Share?

Four Use Cases

Understanding Share Changes

Key Metrics

Reconciliation with the Balance Sheet

Related Reports