Product Title

Savings and Loans

Product Description

-           Minimum saving is N1,000

-           Save as you can afford

-           Customer MUST save at least 6 months to qualify for loan

• ·      Dividends are declared and shared among the public members who subscribe to this product and is based on the profits made from the loan interest. For example, if 3.2% is declared in a fiscal year, it means you will get 3.2% of your total savings as profits whether you collect loan or not.

• ·      Share members also get little part of the profits made from this product as decided by BOT