Savings

SAVINGS SCHEME PRODUCTS
 Withdrawal of special savings kshs 100.
 Joining fee for any special saving is kshs 300.
 Dormant in 3 months of inactive with activation fee of kshs 150
 Minimum monthly contribution is kshs 500.
 Minimum operating balance is kshs 1000.

AKIBA SAVINGS SCHEME
 Withdrawal/refund every 3 months
 Guaranteed return annual return 12%
 Daily/weekly/monthly investment allowed

JUNIOR SAVINGS SCHEME
Cultivate the culture of saving and financial awareness in your child
 Guaranteed return annually 10%
 Refund after every 6 months
 Free children fun day

HOLIDAY SAVINGS SCHEME
 This is a savings scheme that enables members to save for their holidays.
 The amounts saved are refundable 7 days before any public holiday
 Return 8% annually

RENT SAVINGS SCHEME
 This is a savings scheme that enables members to save for rent purposes.
 Regular refundable/withdrawal monthly
 On request, rent paid direct to agent/landlord
 Monthly charges kshs 250

EDUCATION SAVING SCHEME
 This saving scheme enable members to save for school fees purposes
 Regular deposit daily/weekly/monthly
 On request, fees directly paid to school
 Free pocket money every first term of the year
 Monthly charges kshs 250

(F) INVESTMENT PRODUCTS
SHARE CAPITAL
 purchase at least 500 shares each worth Ksh.100
 Minimum shares will cost kshs 50 000
 Shares will earn dividend target 18% annually
 Shares shall not be refundable
 member may transfer his shares to other members.

MAZAO INVESTMENT FUND
 Minimum investment kshs 5000
 Voluntary monthly top up kshs 2 500
 Earn rate at 18% annually
 Interest paid quarterly/semi-annually/ annually
 Refund notice 2 months