Saving Services
A member of Temerach SACCO will get 7% annual savings interest for regular savings, 7% annual savings interest for volunteer savings deposits, and 8% for children’s saving made in her/his account.
Savings Services
We encourage members to develop a strong saving culture by providing a safe and trusted place to deposit their money. Our savings services help members build financial security and prepare for future needs.
Compulsory Saving
Any person who is a member of the cooperative should pay the minimum saving as per the SACCO scale or 10% of his/her income regularly, once in a month. This compulsory saving could only be withdrawn upon the termination of membership
Voluntary Saving
A member of the cooperative could save any amount of money as a voluntary saving that could be withdrawn at any time.
Children's Saving
In order to make a society develop a culture of saving, it is very important to include every member of the society in our cooperative, including children. In addition to saving, Temerach SACCO is educating parents and children to share and spend money .The initial saving is 100 (one hundred) birr..
Credit based saving
A member saves 25%-30% of his/her loan request for six consecutive months and can borrows.
Total Assets
0
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Member Deposits
0
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Total Loans Disbursed
0
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Capital Growth
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