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.