Holiday savings is strategically designed to mobilize deposits, thereby strengthening the financial position of the Sacco. It serves as an effective tool to encourage members to plan for their holidays well in advance by setting aside savings specifically for this purpose. By promoting a culture of proactive saving, this product not only helps members achieve their vacation goals but also contributes to enhancing the overall financial stability and growth of the Sacco. Through consistent deposits, members can accumulate the necessary funds over time, ensuring they are financially prepared for their holiday while simultaneously supporting the Sacco’s long-term financial health.
Features:
- Withdrawable every six months at no charge.