QurboJoog (Diaspora)

Product Description

Minimum Monthly Contribution $100

Bulsho SACCO acknowledges the unwavering support and remittances of the Somali diaspora.

A such Bulsho SACCO has designed a specific saving product that will allow Somalia diaspora to invest back home.

QurboJoog (Diaspora) club targets any Somali citizen who has a dual nationality or lives outside the boundaries of the Federal Republic of Somalia who can afford to save the prescribed minimum contribution.

Benefits

Annual ROI through Dividends on Share Capital (after 3 years of Bulsho SACCO existence)
Affordable Finance of three times of savings
No Collateral, only guaranteed by other members
Access to Emergency fund of up to $2,000 in 24hrs
Access to medium term financing
Discounted Insurance/Medical Cover

Eligibility

Is a Somali national with dual nationality or resides outside the Federal Republic of Somalia
Has attained the age of 18 years
Has good character and sound mind.
Has stable income and declares source of income.
Meets Bulsho SACCO membership requirements and complies with Bulsho SACCO by-laws and procedures from time to time.