We have an account with 4 sub-accounts in JALI S.C PLC :
Voluntary savings Account
Compulsory savings Account
Term deposit Account
As government policy encourage all Rwandan to save a little money from their income, JALI S.C PLC in the same line encouraged its clients to save 3% from their net Salary for long Term savings which will be remunerated every year and will be used as collateral where necessary. The savings will help also clients for having a big size of loan.
JALI S.C PLC will help develop a culture of saving, to acquire loans and benefit from them in terms of development.
1. Personnel loan : (Loan based on Salary ; Mid-month facility), Consumer, equipment, marriage, school fees, Medical treatment, holiday, buying car Loan.,
2. Business Loan :
SME (Small and Medium Enterprise) : Working Capital, Asset finance, Credit line, Overdraft etc.
3. Leasing Loan : Business Car loan (taxis, voiture, Coaster, Motorcycle etc.)
4. Solidarity or Group Loan : Micro credit to different group for financing micro projects generating income
After a period of approximately eight months since official commencement, we have so many clients and some of them have been given different types of loans for self-development.
The reason why we have so many clients in a short period of time, it is because we give out loans at an affordable interest compared to other Microfinance Institutions and we deliver good and quick services.