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Home Business

Jaksally Shares out annual village savings and loans association (VSLA) to Members at Bole.

by Admin@yagbon
October 13, 2020
in Business
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Jaksally Development Organization a Non governmental Organisation that operates in the Bole District has shared out a yearly “Susu” to Village Savings and Loans Association (VSLA) group known as  “Korowiizi koro” at Balipe, a suberb in Bole in the Savannah region on 13th October 2020.

The group made up of 34 members of which Ghc 16,300 was granted out to them, they were able to save Ghc 50,638 in a year ,generated Ghc 49,068 and Ghc 1,836 on social fund respectively.

The Co-odinator of the Jaksally development organization, Mr. Jeremiah seidu speaking to Yagbon Radio explained how important the Village Savings and Loans Association is to the people.

He said the main work of Jaksally Development Board is helping communities to grow with their own money.

On the importance of the the Village Savings and Loans Association, Mr Jeremiah mentioned payment of school fees, getting loans for the group to start business,  helping them to farm, taking care of their domestic needs and many more are the reasons and work of Jaksally.

He said time to come, loans will be giving out on phones and also savings will be made on phones.

Members of the group amidst joy shared the money peacefully to each other saying they never thought of accumulating such a huge amount of money on their own.

They thanked Mr. Jeremiah and the entire Jaksally Development Board for making their lives better.

Source: yagbonradioonline/ Iddrisu Seidu

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The first licensed private community radio station in the Bole District of the Savannah Region of Ghana. Established in October 2013 and operates on a 98.9MHz frequency with a coverage span of about 25 kilometers square radius.

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