Compulsory (Collateral) Savings:

The compulsory (collateral) savings which was being implemented by YETU will essentially be followed. Applicants of group loans are required to post a minimum deposit of 15% of the loan amount applied for, which will constitute part of the security or collateral of the loan. Withdrawals on this account are not allowed during the loan service period but client may deposit money in the account during the period

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Clients repaying loans and depositing savings

 

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