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SAVING DOESN'T ROT
The Vision group ends the year with the smile faces after members were given their savings and the profit of 12.5% on 20th December, 2017. This saving and Loan Association was established on 10th of January, 2017 with 30 members for the head office staff including the diocesan Bishop, General Secretary and Treasurer and Deputy General Secretary.
Many loans were accessed several times in staff affairs like business, to build houses and even to pay school fees for their children. The Association mobilized head office staff to save money for future use and avoid unnecessary expenditure.
The value of a single share in the group was 10,000. For those who accessed loan, the interest was 10% for three month. For the year the group earned 42,400,700/= million Tanzanian shillings with the exception of the social fund which had a tune of 1,337,100/= TSH.
Rev. Ezron Byangwamu
It was a joyful day which had a short prayer which was led by Rev. Ezron Byangwamu. He congratulated the unity for using their faithfulness for using money in producing and bringing the benefit to the Association. His main emphasize was remembering the provider God by thanks giving and tithe.
Gifts given in terms of money to Vision leaders was a sign of thanks for their faithfulness in keeping the money. Bank services were issued at the office for money of each member in their bank accounts.
Long live Vision, long live VSLA.
Text by:Petrida Batale
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