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Good news

 

Sheger Financial Savings and Loans Plc scored high marks in the qualification assessment.

 

Addis Ababa City Administration Cooperative Commission, on a recognition platform for cooperatives that achieved the highest level in the evaluation results of the cooperative qualification, Sheger Financial Savings and Loan Plc. 142 savings and loan cooperatives evaluated from 2021 to 2023. Our institution has been awarded a certificate of recognition for achieving high results.

 

The Deputy Commissioner of the Commission, Ato Mandada Adugna, who was present at the program, said regarding the implementation process of the evaluation, that the recognition of the cooperatives that are at the highest level of competence through the evaluation service will enable those with low results to see their gaps and gain experience.

 

Our institution, Sheger Financial Savings and Loans Plc., among those who achieved the highest level in the qualification assessment, shared its experience regarding the effective procedure, and the questions raised by the participants during the assessment were answered from the forum.

 

Congratulations to our board leaders, other committees, staff, management leadership team, branch heads and staff as well as our partners who have contributed greatly to our institution reaching this level. 

 

Therefore, in order to achieve better results in the future, Sheger Savings and Loans Pvt. Ltd. is providing various services to its members. Among them

 

A➧Saving 

 

- Normal savings

- Voluntary savings

- Interest free

- Time limit saving

- Savings for children and

- Trust money deposit

 

For ➧loan service 

 Up to 1,200,000.00 for business expansion and start-up, social services, home furnishing, women's business start-up and expansion, and purchase of various machines. 

 Up to 2,500,000.00 for car purchase and increase 

 4,000,000.00 for house purchase

 Interest free loan

Types of loans prioritized by the cooperative 

 

  For treatment  

Up to 300,000 in the country

  Up to 1,000,000 for foreign countries 

 

  Education

 

፟ in the country  

For PhD-200,000 

For 2nd degree -100,000

50,000 for degree and diploma; 

Up to 500,000 for those studying abroad

 

  Children's school fees up to 100,000 

  Up to 300,000 for condominium advance payment

  Insurance renewal fee up to 50,000

Priority savings and monthly/compulsory savings 

  Up to 800,000 hundred Shih 15% advance savings

  From 800,001 to 1,2 million 20% advance savings

  1,2 million to 4 million 30% advance savings

  Monthly savings of 700 Birr

Regarding loan guarantee  

  Guaranteed salary up to 200,000.00

  From 200,001. Up to 4,000,000 property insurance 

  Shares for any loan amount

Loan interest rate  

  The interest rate of the loan varies depending on the repayment period of the loan and the interest rate is 12.5% ​​to 15.5%.

 

Our address

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 ➧Mexico: 17th floor of Sungatera Merchants Union, SC Building... 0943566279

 

  ➧Communication:- Ka sub-city Gon Salam Building …….0943566277

 

 ➧ Four Kilo:- Berhan Shopping Center…….. 0943566268

 

  ➧Jemo:- Jemo 1 Square, Root Building... 0943566260

 

  ➧Saris: Fnote Salam Building...0946-841881

 

  ➧ Grandfather: Gate Building ………0946-841882

  The new market: Sheger Grand Mall ………0946-841883

 

 

Once again, congratulations to all our members, staff and management who have contributed to this remarkable achievement. Your collective efforts have made this achievement possible. Therefore, together we will work for greater heights in the coming years.

Together we can!!!!!!!