Primary Savings Account.
Primary Savings
Primary Savings is the core service for every member. It gives them access to all of Haki Sacco’s products and services while allowing them to enjoy annual interest returns based on Sacco’s profitability. The Primary Savings account is NOT a deposit and withdrawing account.
The objective of the Primary Savings account is to encourage regular continuous savings for building the members’ long term savings for future use and achieving financial goals through affordable and available Sacco loans.
The Primary Savings account is non-withdrawable unless one withdraws membership.
Benefits
Opportunity to build a long term Savings for future use.
Access to affordable Sacco loans and other services.
Loan entitlement of up to 3 times your savings depending on the loan product.
Use as loan collateral.
Annual interest returns based on Sacco’s profitability.
No opening balance.