Saving Programs

Saving Programs at Mbarara Kafunjo Farmers SACCO

At Mbarara Kafunjo Farmers SACCO Limited, we understand that saving is the foundation of financial security and growth. That’s why we offer a variety of saving programs designed to suit the different needs and goals of our members. Whether you’re saving for a specific project, building an emergency fund, or planning for the future, we have a program that can help you achieve your financial goals.

Types of Saving Programs

Regular Savings Account

Features: Offers a flexible deposit and withdrawal structure with competitive interest rates.
Benefits: Perfect for members who want easy access to their funds while earning interest.

Fixed Deposit Account

Features: Fixed deposits require money to be left in the account for a set period. Higher interest rates compared to regular savings.
Benefits: Ideal for members with long-term savings goals who wish to earn more through higher interest rates.

Special Savings Plans

Features: Tailored for specific goals like education, marriage, or major purchases.
Benefits: Helps members systematically save towards particular objectives with the assurance of reaching their financial targets on time.

Holiday Savings Accounts

Features: Allows members to save specifically for holiday expenses, reducing financial stress during festive seasons.
Benefits: Spreads holiday expenses throughout the year, making it easier to manage budgeting for big events.

Youth Savings Accounts

Features: Designed for younger members to start saving early.
Benefits: Encourages financial literacy and responsibility from a young age.

How to Enroll in Our Saving Programs

  • Visit Our Office: Speak to a representative who will guide you through the different saving options and help you select the one that best suits your needs.
  • Online Application: For existing members, log in to your online banking platform to set up a new saving account directly.
  • Documentation: Provide necessary documentation such as identification and proof of residence if required.
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We offer a range of financial services to help you grow your business and achieve your goals. From loans to savings and educational programs, we’re here to support every step of your journey. Become a member and start building your future with us