Mrejesho
Objectives
- To promote the economic interest of its members in accordance with the co-operative principles, and in particular.
- To promote thrift among Ms members affording them an opportunity for accumulating their savings, and to create thereby, a source from which loans can be made to them exclusively, at a fair and reasonable rates of interest, and to provide the opportunity to use and control their money for their mutual benefit.
- To rise funds by accepting deposits and by contracting for loans from members and nonmembers up to a maximum amount fixed by the general meeting.
- To lend money to members at a specified Purposes directly concerned with their Economic development on such terms and with such surety as shall be provided by the social policies and procedures set by management committee and approved by the general members and guided by the society’s financial capacity
- Do all such things, as are incidental to or necessary for the attainment of any or all fore-going objects for the society.
