Micro Savings

Mandatory Savings

Capital Build Up (CBU)

CBU is a weekly mandatory savings and serves as a holdout guarantee for outstanding loans. It is the saving component of ASRI and shall factor in the determination of the membership status of an SLS Member.

Optional Savings

Voluntary Savings (VS)

Any excess amount opted to be saved voluntarily by the member either during SLS meetings or deposited directly at the branch office.

Member Savers (MS)

MS promotes family members’ habit of savings, opened by SLS members’ family and relatives. This is considered as Voluntarily Savings (VS).

Group Savers (GS)

Account opened by SLS members. These are pooled amount for special purpose of the SLS. There are three (3) signatories in this account. This is considered as Voluntarily Savings (VS).

Programmed Savings

Are Voluntary Savings (VS) in nature with specific purpose as determined by the SLS members.

• Celebration Savings

  • designed to develop member’s savings habit to prepare for special occasions.

• Remittance Receivers (RR) Savings

  • designed to empower remittance receivers to use remittances in more productive purposes and break dependency on remittance.

• Educational Savings (ES)

  • designed for members who have obligations to send their children or relatives to school.

• Retirement / Emergency Savings (RES)

  • designed to capture members who want to save for their future expenses when they are no longer able to work.