Except for one cesta member, who is going through a foreclosure, they've reduced their debt by 0 on average and are making all payments on time - into the cesta and for other obligations.
He's gotten Oakland's One California Bank to be the nation's first financial institution to house payments from lending circles and pay out the pot.
The bank will report what happens to credit bureaus as bona fide financial activity so participants can establish or improve their credit scores.
The withdrawals go into a master account owned by the Mission Asset Fund, which then directs One California to pay the pot out to the cesta member whose turn it is.
Any commercial bank can do this, says Jeffrey Cheung, president and CEO of One California Bank.
But Tescher thinks cestas can be a first step to figure out products that facilitate people working together.