Disbursement ceremony of Sa Quarter’s NAGANI Money Saving Box Association
Nov 18, 2017 – 9:00 AM,
The ceremony was held at Japan Monastery, Sa Quarter, Pyi Kyi Ta Kon Township in Mandalay. Disbursement ceremony of No (1) NAGANI Money Saving Box Association.
Attended by A Shin Za Wa Na (Patron – NAGANI Money Saving Box Association), Daw Kyi Kyi Mar (Chairman – NAGANI Money Saving Box Association) and Japan Monastery Abbot U Su Zar Ta. U Su Zar Ta “Japan Monastery Abbot” delivered the doctrine and Chairman Daw Kyi Kyi Mar delivered the speech to the audience. After that, each of 160 members received 150000 kyats. Sa Quarter’s NAGANI Money Saving Box Association is no (1) money saving box association founded by Abbot U Wira Thu on 1.9.2014.
264 members in present time. 160 members are in 150000 kyats role, 45 members in 100000 kyats role and 59 members are in 50000 kyats role.
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, the 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 in another saving moneybox. There have 7 NAGANI Money Saving Box Association founded by Sayardaw U Wira Thu.
(Wira Key Mein – Reporter of NAGANI money saving box)