FUNDS

Education Eqeas

Education Fund

It is a savings that enables members to accumulate funds for education purposes. It’s accumulated for a period of one year. ‐It earns interest once dividends & interest are declared

EQEAS SACCO PRODUCTS

Children Fund

It’s a saving with a minimum monthly contribution of shs.50,000, which enables a member to accumulate funds for their children for future use.

Christmas Fund

It’s a one year saving which enables a member to accumulate funds on a monthly basis for use during the end of year festivities. ‐ Its refundable in December every year.

EQEAS

Leave Fund

It’s a saving with a minimum monthly contribution of shs.5,000/=. ‐ To be accessed when one is going on leave with a two weeks’ notice.

EQEAS AFRICA

Recreation Fund

This is a savings that enables members to accumulate savings on a monthly basis for use on organized trips or personal get‐away.

EQEAS SACCO LOANS

Retirement Fund

‐It is a saving that enables members to accumulate funds for retirement. It is a token to carry home at the end of employment service. ‐This earns interest every year once declared.

LOANS

Development Loans

These are designed to meet the cost of capital Development. It’s given three times one’s savings. It is payable within 48 months.

Eqeas Tree Planting

Agricultural Loans

This is a loan given to farmers to enable them buy irrigation products. The loan is repayable within 12 months.

EQEAS SACCO

Fixed Deposits

-It’s a saving where members deposit their money with the SACCO (fix) for a specified period and earn an interest of 8% p.a.

Eqeas

Household Loans

This is a loan offered on household goods on member request. The items are usually ordered from a reputable dealers & manufacturers.

Emergency Loans

These are loans meant to sought out emergencies such as hospital bills, court fines, etc. Support documents to prove an emergency must be provided.

School Fees Loans

This is a loan meant to assist members meet the obligation of educating their children. ‐ Payable in 12 months. ‐ A fee structure must be attached.