Individuals getting regular withdrawals

Type of product: Savings / Investment

Target Market:

Targets individuals getting regular withdrawals to meet their business requirements.

  • Farmers
  • Businessmen
  • Carpenters / welder-men
  • Students
  • Butchers
  • Taxi drivers
  • Second hand cloth dealers
  • Fishmonger
  • Groups/Associations
  • saama

Product features

  • Promotes savings culture for unforeseen future needs
  • Group account that enables members to save collectively
  • SFL manages local Oususu on behalf of groups/associations
  • Individuals may also open account to save over a period
  • Minimum operating balance of D150
  • Secured and reliable saving scheme.
  • Groups determines the access frequency
  • Customer build up funds in the first six month without withdrawal.

Benefits

  • Promotes individual development savings for the future
  • Earns attractive profit
  • Financial freedom.
  • Could be pledged as collateral for loan / overdraft
  • Free financial advice.