የዛሬ ቁጠባዎ የነገ
አሌኝታዎ
SAVING
Saving is a culture for ambitious people who plan their future early. You can assure a great chance of success in your future by saving money. Start saving today in our Willing saving account. ..
Saving Types
የዛሬ ቁጠባዎ ለነገ ስኬቶ
Saving Types
Compulsory Saving
Every member of Golden SACCO is required to make a minimum monthly saving of 1,000 Birr in accordance with the SACCO’s policy. This compulsory saving must be deposited regularly once a month and can only be withdrawn upon termination of membership.
Voluntary Saving
Members of Golden SACCO can make voluntary savings at any time, in addition to their compulsory savings.
These flexible deposits earn competitive interest and can be withdrawn upon request.
A strong voluntary saving record helps members qualify for business, car, or house loans. It builds financial discipline and strengthens eligibility for larger credit opportunities.
Children's Saving
To develop a strong culture of saving within the community, Golden SACCO encourages the participation of all members of society, including children. In addition to promoting saving habits, Golden SACCO educates parents and children on how to manage and spend money wisely. Children, through their parents or guardians, can open saving accounts without strict requirements. The initial deposit for a child’s saving account is 100 (one hundred) Birr.
House Saving
A member of Golden SACCO is required to save 35% of the requested loan amount for six consecutive months to qualify for a house loan. The loan may be used to buy, construct, or maintain a house. Eligible members can borrow up to 10,000,000.00 (ten million) Ethiopian Birr under this housing loan program.
Car Saving
A member of Golden SACCO is required to save 50% of the requested loan amount for three consecutive months to qualify for an automobile loan. The loan is provided for the purchase of a vehicle for personal or business use. Eligible members can borrow up to 6,000,000.00 (six million) Ethiopian Birr under this loan program.
Fixed Time Deposit
Golden SACCO offers a Fixed Time Deposit service for members who wish to save a specific amount of money for a set period and earn higher interest. Members can choose the deposit period according to their financial goals, and interest is paid at attractive rates upon maturity. This saving option encourages long-term financial planning and provides secure, guaranteed returns on investment.
Start your journey today for
a better tomorrow.
Member of Golden SACCO will earn 7% annual interest on regular savings, 7.5% annual interest on voluntary savings deposits, and 10% annual interest on children’s savings made in his or her account.