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Member Investment

MI

  • Category: INVESTMENTS
  • Interest: 1.5 per quarter
  • Interest Type: FLAT
  • Total Interest: 6% per annum

Detailed information of the product


This is a voluntary savings by members to finance a project such as childrens school fees, festivities and among others.
A member who saves an amount of money for a period of time can make a partial withdrawal once every six months.
This account shall attract an interest on quarterly basis and the rate shall be determined by the BOD.