Posted on 26/08/2018
The importance of savings can not be understated as that makes one financially independent; and hence to have a reserve of funds for emergency, future investment or retirement. It is in that realization that the young LOFIN staff and some of our stakeholders have decided to set up Longitude Savings & Credit Cooperative Society (The Sacco).
The Sacco’s membership is by invitation; and will mainly be on voluntary basis for savings and thereafter credits (loans) schemes. One of the pillars in training our SMEs and small businesses is that they must inculcate the ‘culture of saving’ in the course of their day to day lives. We are confident that The Sacco will go a long way to assist all the stakeholders address this important this important personal financial management agenda.