Children’s future
From ₦2,000 a month per child. Paid out two weeks before each school term, or straight to the school if you prefer.
Savings plans
Five ways to put a little aside.
Every member has ordinary savings. Most add one or two other plans for a goal. You can change your amounts once a quarter.
- Start from
- ₦2,000 a month
- Pay by
- Salary or transfer
- Borrow up to
- 3 times savings
- Change amounts
- Each quarter
01
Ordinary savings
The heart of membership. A monthly amount you choose, from ₦5,000, by salary deduction or transfer. It decides how much you can borrow.
From ₦5,000 a monthBorrow up to 3 times this
02Target savings
Save towards one goal over 6 to 24 months: rent, a wedding, a car deposit. Paid out on the date you set.
From ₦10,000 a monthLocked until your date
03Children’s future
School fees, saved a little at a time, paid out two weeks before each term.
From ₦2,000 a monthPaid out each term
04Festive savings
For Christmas and Sallah. Paid out two weeks before the holiday, so nobody borrows for the festival.
From ₦3,000 a monthPaid out twice a year
05Share capital
Your ownership of the society. One share is ₦20,000 and gives you a vote at the AGM.
₦20,000 a shareReturned when you leave
Example rates for this demo. Loan rates are set by members at the AGM. Any dividend is decided each year from the surplus and past dividends do not promise future ones. Savings are not a deposit with a bank.
Chapter 01
Ordinary savings.
The account every member has. It earns your place in the society and decides how much you can borrow.
- From ₦5,000 a month
- Borrow up to three times your balance
- Returned in full when you leave
- Members may vote a dividend on it at the AGM
Chapter 02
Target savings.
Pick a goal, an amount and a date. We lock it until then, which is the point.
- 6 to 24 months
- From ₦10,000 a month
- Paid out on your date, by transfer
- Early release only for emergencies, with committee approval
Chapter 03
Children’s future and festive savings.
Two plans built around the calendar: school terms and the holidays.
Festive savings
From ₦3,000 a month. Paid out two weeks before Christmas and two weeks before Sallah, so the festival is paid for in advance.
Questions
About saving.
Can I save more than my monthly amount?
Yes, any time, by transfer or on the pay page.
What if I miss a month?
Tell us. Two missed months in a row pause your borrowing until you catch up.
Is there interest on savings?
Not a fixed rate. Members may vote a dividend from the year’s surplus at the AGM.
How do I see my balance?
Ask at the office or on WhatsApp. Members also get a statement every quarter.
Make your first contribution.
Already a member? Pay online in a minute.