NAGANI Money Saving BoxNews

Disbursement ceremony of Za Za ¾ Kan Thar Yar Quarter NAGANI money saving box association members

Aug 11, 2017 – 12 PM,

The ceremony was held at Aung Thu Kha Chapel from Za Za ¾ Kan Thar Yar Quarter, Pyi Gyi Ta Khon Township in Mandalay.

A Shin Zawana (NAGANI Money Saving Box Association Parton Abbot), Daw Kyi Kyi Mar (Chairman) and Daw Kyin Kyin Myaing (Secretary) were attended to the ceremony. A Shin Zawana and Daw Kyin Kyin Myaing delivered the doctrine. After that paid 150000 kyats to each of 93 members.

Za Za ¾ Kan Thar Yar quarter NAGANI money saving box association is number 4 money saving box founded by Sayartaw U Wira Thu on 26.7.2014 started with 50 members and now becoming 125 members.

The lending system of NAGANI money saving box association is 5 percent deposit. For the 50000 kyats.  Must save 1000 kyats per day. Within the deposit of 5 percent, 2 percent used for the member’s medical treatment and 3 percent 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 money saving box.

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