A Kefeta SACCO (Savings and Credit Cooperative Organization) bylaw typically outlines the rules and regulations governing the operations of the cooperative. These bylaws ensure that the organization runs in a structured and transparent manner.
The Interest-Bearing Savings Policy of a Kefeta Youth SACCO (Savings and Credit Cooperative Organization) is designed to encourage members, especially youth, to save by offering them interest on their savings. This policy outlines how the SACCO manages members’ savings, the interest rates applied, and the terms under which interest is calculated and paid.
An Interest-Bearing Loan Policy in a Kefeta Youth SACCO (Savings and Credit Cooperative Organization) governs the terms, conditions, and processes related to loans that are provided to members, with interest charges. This policy ensures that loans are distributed fairly and that the SACCO remains financially sustainable while offering affordable credit to its members.
A Non-Interest Bearing Loan Policy for a Kefeta Youth SACCO (Savings and Credit Cooperative Organization) is designed to provide members with loans without charging interest. This policy is aimed at offering financial support to members who may have limited access to credit elsewhere, particularly youth, by removing the burden of interest charges. The policy outlines the conditions, terms, and processes for accessing and repaying these loans.