Savings

 

BG MFI will realise its mission through the delivery of poor-friendly micro-loans and saving mobilization services that meet the needs and capacities of its target market. BG will render its services by building an institution that is efficient, profitable, transparent and responsive to the needs of its clients. The institution is developing multiple financial products and services delivery mechanism to fulfill the changing need of its target clients over a period of time. Currently, Buusaa Gonofaa provides multiple loan products and saving services that meet the needs and livelihood priorities of its target clients. 

Deposit/Saving Products

Voluntary Savings

Saving Account/ QusannoHirko

No	Main Features	Description of Features
1	Targets	Individuals, formal & informal institutions, etc
2	Minimum Opening Balance	Birr 10.00
3	Interest Rate	6% per annum, interest calculated on monthly minimum balance and capitalized monthly.
4	Withdrawal	Unlimited

 Planned Time Deposit/ IqubiiBuusaa

No	Main Features	Description of Features
1	Targets	Individuals, formal & informal institutions, etc
2	Minimum Opening Balance	Birr 20.00
3	Interest Rate	6-8% per annum, interest calculated on monthly minimum balance & capitalized monthly.
4	Deposit period & frequency	6-36 months; weekly/biweekly or monthly
5	Withdrawal	Upon Maturity

Time Deposit/ QusannoAbdii

No	Main Features	Description of Features
1	Targets	Individuals, formal & informal institutions, etc
2	Minimum Balance	Birr 500.00
3	Interest Rate	7-9% per annum, interest calculated at maturity.
4	Withdrawal	Upon maturity, early withdrawal subject to terms & conditions

 

BG MFI will realise its mission through the delivery of poor-friendly micro-loans and saving mobilization services that meet the needs and capacities of its target market. BG will render its services by building an institution that is efficient, profitable, transparent and responsive to the needs of its clients. The institution is developing multiple financial products and services delivery mechanism to fulfill the changing need of its target clients over a period of time. Currently, Buusaa Gonofaa provides multiple loan products and saving services that meet the needs and livelihood priorities of its target clients. 

Deposit/Saving Products

Voluntary Savings

Saving Account/ QusannoHirko

BG MFI will realise its mission through the delivery of poor-friendly micro-loans and saving mobilization services that meet the needs and capacities of its target market. BG will render its services by building an institution that is efficient, profitable, transparent and responsive to the needs of its clients. The institution is developing multiple financial products and services delivery mechanism to fulfill the changing need of its target clients over a period of time. Currently, Buusaa Gonofaa provides multiple loan products and saving services that meet the needs and livelihood priorities of its target clients. 

Deposit/Saving Products

Voluntary Savings

Saving Account/ QusannoHirko

BG MFI will realise its mission through the delivery of poor-friendly micro-loans and saving mobilization services that meet the needs and capacities of its target market. BG will render its services by building an institution that is efficient, profitable, transparent and responsive to the needs of its clients. The institution is developing multiple financial products and services delivery mechanism to fulfill the changing need of its target clients over a period of time. Currently, Buusaa Gonofaa provides multiple loan products and saving services that meet the needs and livelihood priorities of its target clients. 

Deposit/Saving Products

Voluntary Savings

Saving Account/ QusannoHirko

BG MFI will realise its mission through the delivery of poor-friendly micro-loans and saving mobilization services that meet the needs and capacities of its target market. BG will render its services by building an institution that is efficient, profitable, transparent and responsive to the needs of its clients. The institution is developing multiple financial products and services delivery mechanism to fulfill the changing need of its target clients over a period of time. Currently, Buusaa Gonofaa provides multiple loan products and saving services that meet the needs and livelihood priorities of its target clients. 

Deposit/Saving Products

Voluntary Savings

Saving Account/ QusannoHirko

BG MFI will realise its mission through the delivery of poor-friendly micro-loans and saving mobilization services that meet the needs and capacities of its target market. BG will render its services by building an institution that is efficient, profitable, transparent and responsive to the needs of its clients. The institution is developing multiple financial products and services delivery mechanism to fulfill the changing need of its target clients over a period of time. Currently, Buusaa Gonofaa provides multiple loan products and saving services that meet the needs and livelihood priorities of its target clients. 

Deposit/Saving Products

Voluntary Savings

Saving Account/ QusannoHirko

BG MFI will realise its mission through the delivery of poor-friendly micro-loans and saving mobilization services that meet the needs and capacities of its target market. BG will render its services by building an institution that is efficient, profitable, transparent and responsive to the needs of its clients. The institution is developing multiple financial products and services delivery mechanism to fulfill the changing need of its target clients over a period of time. Currently, Buusaa Gonofaa provides multiple loan products and saving services that meet the needs and livelihood priorities of its target clients. 

Deposit/Saving Products

Voluntary Savings

Saving Account/ QusannoHirko