“YEGNA For All!”
Saving
Saving is necessary to accumulate long-term wealth, therefore it is critical to begin and continue saving early in life. Regardless of your age, you should save a portion of every birr you get, whether it’s a wage or a monetary present.
Voluntary Personal Saving
“YEGNA For All!”
Voluntary savings are collected from non-loan & loan clients and provided based on clients` free will to save. The minimum interest rate on voluntary savings is attractive.
Voluntary Child Trust Saving
“YEGNA For All!”
This type of saving facility is designed for children below age 18. Child Trust savings bear minimum interest rate attractive.
Box Saving
“YEGNA For All!”
To encourage small amount savers in both urban and rural areas who do not have easy access to saving facilities, Yegna MFI distributes saving boxes to allow these category of savers to save small amounts of money. The minimum interest rate on box savings is attractive.
Time Deposit
“YEGNA For All!”
Time deposit will be mobilized mainly from institutions and social organizations. Yegna MFI will arrange special offer based on the size of the amount of deposit and the timing.
The minimum deposit threshold for time deposit is birr 10,000. It bears a minimum of attractive interest and the interest increases based on the size of the amount and the timing of the deposit.
Organizational Saving
“YEGNA For All!”
This type of saving will be mobilized mainly from Eidirs, Ekubs, Clubs, Associations and other organizations will be entertained by this facility.
Organizational saving will bear the minimum interest rate of attractive.
Women Saving
“YEGNA For All!”
This type of saving will be mobilized form women’s. This type of saving which bear at least the minimum interest rate is Attractive. Client shall also deposit at least for a full month to be eligible for interest payment.
