NAGANI Money Saving BoxNews

Disbursement ceremony of Aung Thar Yar NAGANI money saving box association

June 13, 2017,

Disbursement saving money to Aung Thar Yar NAGANI money saving box association No (6) members from Aung Thar Yar Quarter at Yadanar Theik Di Monstery, Aung Thar Yar (ba) Quarter.

Ashin Zawana (NAGANI money saving box association- Patron), Ashin Key Mein Na “Wira Key Mein” (NAGANI money saving box reporter) and Daw Kyin Kyin Myaing (Secretary) were attended to this ceremony. Daw Kyin Kyin Myaing was delivered a speech to audience. After that, disbursement saving money 100000 kyats to each of 130 members.

Aung Thar Yar NAGANI money saving box association is the no 6th money saving box established by Sayartaw Wira Thu. Started with 50 members on 2.1.2016 and 130 members in present time.

The lending system of NAGANI money saving box association is 5% deposit. For the 50000 kyats, must save 1000 kyats per day and within the percentage of 5%, 2% is used for the member’s medical treatment and 3% is used for adding new members and more lending. The profit money is using back on the current money saving box and not using on other saving money box. There have seven NAGANI money saving boxy were established by Sayardaw U Wira Thu.

(Wira Key Mein – Reporter of NAGANI money saving box)