DEC Bonanza Fund is a pool of fund contributed by interested persons for which same will be disbursed to participating members with an accrued interest in December each year.
Members of Nkabom Cooperative Credit Union must have a pleasant and enjoyable holiday after long days of work in the year. During Christmas festive season’s expenditure is high as demand increases and this requires more cash flow.
By subscribing to DEC Bonanza Fund is a first step to cushion you with funds during the Christmas festive season
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i. Participant enjoys a good interest rate on fund in the pool
ii. Participant benefit from a pool of high investors
iii. Have enough fund on you during December each year
i. One must first register to participate in the pool funding for free
ii. Upon successful registration a Participant will be given a passbook to aid monitor contribution.
iii. A member must choose deposit pattern between daily, weekly and monthly
iv. The minimum contribution to the fund is GH¢5.00
v. A participant cannot withdraw from the pool until December when fund is disbursed
vi. The pool’s fund will be invested in a variety of lucrative project and less risk investment to earn interest. This interest will be shared on the pool participants fund
vii. Fund will be disbursed in every December
viii. During December a participant who would not collect his/her fund from the pool can rollover in the subsequent year
ix. A Member can use his/her fund in the pool as collateral for loan from Nkabom Cooperative Credit Union
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We boast of over 1000 memberships within a three month space of operation and the growth rate keeps counting.