FIXED DEPOSIT

All members of the union with the financial capabilities to invest.

This product has a maturity or redemption period of three(3), six (6) months, nine (9) months, twelve (12) months respectively.

This product attracta an interest rate spread as follows:
a) 3 months-TB Rate + 1%
b) 6 months-TB Rate + 1%
c) 9 months-TB Rate + 1%

d) 12 months-TB Rate + 1%

Mode of payment will be flexible, that is one can pay by:
* Cash
* Mobile Money
* Bank Payment

* CAGD monthly deduction

* To protect the value of the money

* And for the growth of the money 

• Interest Rate.
• Flexibility of withdrawal.
• Serves as a collateral for loan.
• Flexibility of payment through cash, mobile money or E-transfer.
• Marketing skills