Power teen savers club
Power teen savers club
A savings product for teens 13-17 years old with a specially designed passbook issued upon opening an account. Diligent savers will receive specially-designed items that can be used at home or in school. The more the youth saves the more rewards the youth gets.
Purpose:
To serve as training ground for its members in the management and operation of cooperative in order to prepare them for membership in regular cooperatives.
To encourage thrift and savings mobilization among its members.
To encourage among members systematic production and marketing.
To provide goods and services and other requirements to its members.
To develop expertise and skills among its members.
Initial Membership Requirements
- Share Capital: P 100.00
- Saving Deposit: P 80.00
- Membership fee: P20.00
- Total: P200.00
1.25% Interest rate per annum
Membership Requirements
- Photocopy of Birth Certificate
- Photocopy of School ID (for Students only)
- 2pcs 2×2 ID picture (4-17 years old)
- Fully accomplished membership form
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