Table banking banking is our strong tool, we know and you too know very well that money saved securely* in the bank earns very little interest and is also the slowest way to grow savings.
At Impromptus, all members meet monthly and make their contributions & loan repayments. Over time, even with the same contribution amount by each member, the savings keeps growing and more money is available for borrowing by the members.
This year alone, we have been able to grow our savings by nearly 40% in the first quarter, at this rate, we can expect to run in the neighbourhood of SMEPs , FOSA and even commercial banks.