Compulsory Saving Any person who is a member of the cooperative should pay Br. 500 or 10% of his/her income regularly once a month. This compulsory saving could only be withdrawn when there is the termination of membership. Voluntary Saving         A member of the cooperative could save any amount of money as a voluntary saving that could be withdrawn at any time. House saving A member…
loan -money-exchange-currency-business and finance-hand
Loan service Loan/ Credit provision is the other primary undertaking in Awach SACCOS. All members have an equal right to benefit from the credit service. Apart from fulfilling the pre-credit requirements in the bylaw, Awach’s loan committee and loan department take various factors mentioned below before deciding on each credit application. Segregation of duty during the loan approval process…
Training and Consultancy
Awach SACCOS provide training for its members on different topics such as the historical development of cooperatives, Awach SACCOS development, and entrepreneurship and small scale business.
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