SAVING PRODUCT

No Information Member Share Saving Compulsory Saving Pension Saving Voluntary Saving Feast Day Saving Special Saving
1 Who are the targets ? All KOMIDA members All KOMIDA members All KOMIDA members All KOMIDA members All KOMIDA members KOMIDA member who have agriculture loans  
2 When members should be deposit ? Once, when members join KOMIDA ·   At the time of disbursement : 3 % of the total disbursement ·   Once a week : depand on loan size from General Loan or Micro Business Loan ≤ 1 million           Rp 1.000 > 1. – 2. million   Rp 2.000 > 2 – 3. million    Rp 3.000 > 3 – 4. million    Rp 4.000 > 4 – 5. million    Rp 5.000 At the time of disbursement : 1 % of the total disbursement ·       Depand of members ·       Deposit every weeks at center meeting After members opening an  account, members should be deposit every weeks First  intallment for agriculture loan
3 When members can withdrawal ? Can’t Withdrawal When members out of KOMIDA membership     Depand the time period agreed upon by members  : 3 years, 5 years and 7 years   Anytime ·       2 weeks before feast day ( Eid –Al Fitr ) ·       Minimum after 4 month for opening an account ·     Start week 18, to be used to pay installment ·     When the agriculure loan is paid off
4 How much interest saving? NO Interest No Interest 5 % per year 3 % per year 5 % per year   NO
5 How much amount? IDR 30.000 ·    3 % of the total disbursement, Example : Disburse : 2.000.000 Saving  :          40.000 ·    0,1 % of the total disbursement Example : Disburse : 2.000.000 Saving  : 2.000 / week   1 % of the total disbursement, Example : Disburse : 2.000.000 Saving   :         10.000 Depand of members, Minimum IDR .500 Weekly Package (IDR): 3.000  / weeks 5.000  / weeks 7.000  / weeks 10.000 / weeks 12.000 / weeks 15.000 / weeks 18.000 /weeks 20.000 / weeks 25.000 / weeks 30.000 / weeks Maks 100.000/weeks 2 % of the total agriculture loan/ weeks Example : Disburse : 2.000.000 Saving week 1-17  : 40.000 / week
6 What documents are needed? Membership Form Savings Passbook       Savings Passbook Withdrawal form Savings Passbook Withdrawal form Savings Passbook Withdrawal form Savings Passbook Account opening form Changes package form Account closing form Withdrawal form   Savings Passbook Withdrawal form
7 Nature of the product Mandatory for members Mandatory for members         Mandatory for members Voluntary for members Voluntary for members Mandatory for client agriculture loan
8 Condition the product Implementation for all branch office Implementation for all branch office Implementation for all branch office Implementation for all branch office Implementation for all branch office   Pilot project