02 / SAVINGS
Small habits.Stronger futures.
Savings are the foundation of the Wisdom cooperative model. Members contribute through savings according to Wisdom's actual structure, building personal balances while supporting the cooperative as a whole.
FINANCIAL GROWTH, BUILT TOGETHER.
SAVE
BUILD
ACCESS
GROW
THE SAVINGS IDEA
Small habits. Stronger futures.
A SACCO works because members save together. Each member builds their own balance, and the cooperative grows on the strength of those combined savings.
Every member contributes in their own way and at their own pace. The exact savings products, minimums, frequency and access rules follow Wisdom's official model — and are published here as Wisdom confirms them.
SAVINGS SERVICES
The ways members save at Wisdom.
Official product names and terms will be published here as Wisdom confirms them. Contact Wisdom for current terms.
Fixed Time Saving
A Fixed Time Saving is a product where an individual deposits a lump sum of money for a predetermined, fixed period.
Interest Free Saving
An interest-free savings plan structured to support members' saving goals.
Super Special Saving
A specially structured savings plan designed to reward consistent saving.
Ordinary Savings
Flexible savings for your daily needs with competitive interest rates.
Special Education Savings
Save for your children's future education with higher interest.
Special Saving
A specialized savings plan designed to reward savers with superior annual returns, ideal for significant future goals.
Drivers Saving
A savings plan that encourages a savings culture among drivers to purchase a new or additional vehicle.
Save As You Can
No limits, save what you afford anytime.
Mothers Saving
A savings plan designed to encourage and support mothers with flexible daily, weekly or monthly deposits.
Employees Saving
Locked savings for corporate or salaried individuals, with payroll savings options.
Disabled Persons Saving
Special savings for persons with disabilities, designed to empower and improve livelihoods.
Women Saving
A specialized savings account designed to empower women economically.
Children Saving
An essential savings plan for parents to secure their children's education and future.
Regular Saving
A mandatory savings scheme for fully registered members, with a minimum daily saving starting from 20 Birr.
Loan Saving
Access a loan by first saving a percentage of the desired amount, with low-interest rates.
Voluntary Saving
A savings product based entirely on the member's voluntary saving, with flexible deposits.
SAVINGS FAQ
Common questions.
For anything not covered here, Wisdom is happy to answer directly.
Become a Wisdom member, then open your savings through Wisdom's official process. Contact Wisdom for the current steps and required documents.