The savings and credit societies (Saccos) and other savings facilities have nowadays opened hands to the public to save their money unlike previously where to join a Sacco, members had to be employees and additionally, when they quit or retired from work, they were also asked to surrender from the saving money. What an opportunity to save your money in Saccos, especially at Investobrain.
The following are some of the benefits of saving in Saccos. All these can be found at Investobrain, giving you the ease as a member, to save and get a loan anytime you want clearing any inconvenience that may be experienced along the way.
- You get your money to work for you: You earn dividends from your money.
- If you want an emergency loan, it is available and the amount is as good as your savings.
- Some Saccos write off your loan in case of death and give your next of kin some percentage on top of your savings.
- Most Saccos encourage members to own property. They do this by buying huge chunks of land, subdividing it into smaller units and selling it off to members.
- At the end of the day, if you want your money back, you will receive a clean cheque with all your money intact.
If you were undecided, go ahead and start saving today, a little at a time.
Quoted from Standard Media
