Esusu

This kind of saving scheme is called Ajo by the west while it is referred to as Adashe in the north, and the Ibo word for it is Esusu. This type of savings avails customers the opportunity to save little by little in a way to grow savings and a means to achieve a monthly set goal.

Features

  • Minimum opening balance of N500
  • Deposit can be as low N100
  • Minimum documentation