Micro Finance Account
This is a savings account that encourages savings by micro-finance clients.
- No ledger fee
- Applicable to micro-finance clients only
- Minimum interest earning amount Kshs. 5,000
- Withdrawal fee of Kshs. 50 per withdrawal outside monthly collection/disbursements
- Attractive interest rates, calculated at the end of the year
- No charge when you want to top-up cash collateral insurance or repay loan
- Encourages savings among Micro-finance members to accomplish planned activities.