SAVING PRODUCT
SAVING PRODUCT
Information
on Saving Loan
Servisu
Finansieru Moris Rasik,S.A can access a loan and save and withdraw the clients’
money according to an available amount. Therefore, when the population wants to
access SFMR, S.A. loans, they will not spend their money on transportation to
the Branch; our staff will go directly to the client's place to attend to their
needs, such as disbursement, savings, and withdrawal based on the schedule that
they have decided.
SFMR, S.A usually uses the method of “Pick up the ball” or an Indonesian language called “Jemput Bola”, which means the staff will go directly to the client's village, Post Administration, and Municipalities to facilitate their needs, and the client would not be spending their money for transportation.
The savings purpose of Servisu Finanseiru Moris Rasik, S. A is to prepare the client’s future as follows:
2. Savings for House construction
Moris
Rasik guarantees the security of the client's savings in the future, which
means the client’s money saved will not be lost, and the institution won’t cut
the fees for the clients who want to withdraw their savings, and they will also
get 4% of interest per annum (PA/per annum).
Moris Rasik Saving Products | Group Clients | For Individual Clients | |
Products Name | Open Access Savings | Loan Security | Deposit SME Loan & PHU loan |
Description | This is a voluntary saving product. costumer can deposit and withdraw at anytime | Deposit is a security deposit products that is linked to the loan account. (Balance from Loan Disbursement minimum 20%) | Deposit is a security deposit products that is linked to the loan account. (Balance from Loan Disbursement minimum 20%) |
Interest Paid | 4 % | 0 % | 0 % |
Minimum Balances | Minimum amount for opening account : 0.35 Subsequent deposit – 0.05 cents No Maximum Limit | 20% minimum deposit balance – for loans from $2000 and above. 20% minimum deposit balance – for loans from $2000 and above. 20% minimum deposit balance – for loans. no maximum limit and depends on the client’s capacity to save the could be higher than the required maintaining balance | 20% to loan disbursement and loan collateral |
Withdrawal Term | Anytime during weekly meetings | Can be withdrawn as long as minimum balance is maintained 20%. | Can be withdrawn as long as minimum balance is maintained 20%. |
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Our Vision
“ Reduce poverty, improving community Economic”
Our Mission
“Providing microfinance services to poor and widowed women in rural areas according to new products and services that respond to client needs, and provide opportunities for such women to realize their potential and pave the way for change in their families and communities".