NCSL members urged to save up

THE Nasfund Contributors Savings and Loan Society Limited continues to educate its members on the benefits of savings.
With the introduction of monthly interest payments last year, the society now pay its 85,000 members better returns through the effect of compound interest.  Lending manager Bernard Geita encouraged members to save and obtain loans.
“Our lending offering is attractive and enables a member to borrow against their savings at a low loan interest rate of 1 per cent per month on the reducing loan balance with repayments structured over a maximum 60 months,” Geita said.