Monday, November 14, 2016

Disbursement ceremony of Sa Quarter NAGANI money saving box association

November 7, 2016 – 12 PM,
The ceremony was held at Japan Monastery from Sa Quarter, Pyi Kyi Ta Kon Township in Mandalay. A Shin Zawana (Parton Sayartaw), A Shin Nar Gain Nar Lin Kar Ya (Lecturing In Charge), Daw Kyi Kyi Mar (Chairman) and Daw Kyin Kyin Myaing (Secretary) were attended to the ceremony.
After that paid 150000 kyats to each of 32 members, 100000 kyats to each of 107 members and 50000 kyats to each of 25 members.
(Sa) quarter’s NAGANI money saving box association is the first money saving box established by Sayartaw Wira Thu. Sayartaw is capitalized 2500000 kyats for 50 members on 1.9.2014. Now becoming 164 members. 32 members are 150000 kyats role, 107 members are 100000 kyats role and 25 members are 50000 kyats role. As the part of it, Sayartaw Wira Thu plan to donate 100, 00, 00 kyats to the each of money saving box.

The lending system of NAGANI saving money 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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