This savings product is structured to provide easy and quick capital to the micro customers’ e.g traders and artisans).
It is a contributory scheme where the client contributes a certain amount determined by him or her for 10 days and the customer is given 2- 3 fold the total amount contributed, while he/she will continue to pay on a daily basis till the facility is fully liquidated under a 30 days revolving. .
• It’s a modified daily contribution
• The client determines his/her borrowing capacity
• It helps generate regular cash inflow that allows for business growth and expansion
• Access to working capital