Circlworld — Your savings group, on the record.

The Circle Protection Reserve (CPR) is a mandatory deduction of 2-5% from every contribution. It builds a reserve fund that protects the circle if a member defaults. How it works: if someone misses a contribution and the next member's hand would be short, the CPR covers the shortfall. The receiving member still gets their full payout. The defaulting member's CPR balance reduces. At the end of a clean cycle — where nobody has missed a contribution — the CPR is returned to members pro-rata, or rolled into the next cycle by member vote. The CPR is not a fee. It is refundable mutual insurance. The members own it. You set the CPR percentage when you create the circle (within the 2-5% range). Lower percentages mean less protection but more money in each hand. Higher percentages mean stronger protection but smaller hands. For most circles, 3% is the right balance. A 10-member circle contributing GBP 50/week accumulates GBP 15/week in CPR (3% of GBP 500). After a 10-week cycle, the CPR holds GBP 150 — enough to cover three missed contributions. The CPR is one of the reasons Circlworld circles are more resilient than informal circles. In an informal pardna, one default can break the entire arrangement. With the CPR, defaults are absorbed and the cycle continues.

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