This type of account is aimed at securing the future for the young generation. Uganda’s annual population growth is 3%, meaning 1,200,000 Ugandans are born every year. By opening up a child account with Kaddondo CBS PEWOSA SACCO, the parent/ guardian or caretaker can make weekly deposits of amounts not less than 5,000/=per week. The savings will be accruing from the infant stage up to a time of completing primary level education. By the time the child gets to secondary level of education, the fixed monies will have accumulated interests which can contribute annual tuition up to the level of the University.
Leave a Reply