Friday, November 4, 2016

Disbursement ceremony of MALARKARCHAN NAGANI money saving box association

October 26, 2016 – 3 PM,
The ceremony was held at Pyi Lone Annt Chapel from Ma La Kar Chan Quarter, Mahar Aung Myal Township in Mandalay. Ashin Zawana (Patron), Ashin Nar Gein Nar Lin Kar Ya (Officer In Charge for Lecture), Daw Kyi Kyi Mar (Chairman) and Daw Kyin Kyin Myaing (secretary) were attended to this ceremony and deliver speech by Ashin Nar Gein Nar Lin Kar Ya. 
After that, 55 members were received 200000 kyats for each person and 58 members were received 100000 kyats for each person. MALAKARCHAN NAGANI money saving box association is number two money saving box established by Sayartaw Wira Thu. Founded on 17.10.2013, starting with 50 members and now becoming 113 members. 55 members are in 200000 kyats role, 58 members are in 100000 kyats role. Sayartaw  Wira Thu is planned to donate 10000000 kyats to each of money saving box.

The lending system of NAGANI money saving box association is 5% deposit for the 50000 kyats. Must save 1000 kyats per day and within the percentage of 5%, 2% is used for the member’s medical  treatment and 3% is used for adding new members and more lending. The profit money is using back on the current money saving box and not using on other saving money box.
(Wira Key Mein – Reporter of NAGANI money saving box)






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