Disbursement ceremony of Aung Thar Yar NAGANI Money Saving Box Association
Dec 22, 2017 – 1 PM,
The ceremony held at Ma-Ba-Tha office, 45 and 47 Street, between Myat Lay Street and Gandamar Street, Ya Ta Nar Theid Hti Monastery, Aung Thar Yar Quarter.
Ashin Zawana (NAGANI Money Saving Box Association – Patron) and U Nyan Lwin (U Tot) from Kar Ya Kan Myit Tar Group attended the ceremony. After that, 130 members received their saving money 100000 kyats.
Aung Thar Yar NAGANI Money Saving Box Association is no sixth money saving box established by Sayadaw Wira Thu. Started with 50 members at 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% 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 another saving moneybox. There has seven NAGANI money saving box established by Sayardaw U Wira Thu.