FT

Prime Grameen launches children savings scheme

Friday, 5 October 2012 00:01 -     - {{hitsCtrl.values.hits}}

Prime Grameen has launched a children savings scheme branded ‘Yaalu’ to coincide with the International Children’s Day which fell on 1 October.

 ‘Yaalu is at our village’ is the theme of the campaign to promote the savings habit among children, not only in urban areas but also far away villages in Sri Lanka. The promotional campaign provides an unprecedented range of gifts and other benefits such as scholarships etc.

Prime Grameen Micro Finance Ltd. CEO/Director Chaminda Prabhath addressing the media on the 2012 International Children’s Day delved on the merits of the ‘Yaalu’ scheme, and highlighted the rate of interest of 10% offered to a ‘Children’s Savings Scheme’ as  unmatchable, taking into consideration the gifts and other benefits. As such, the scheme ‘Yaalu’ will grow with the children as their true friend for years and years.

For every ‘Yaalu’ savings deposit of Rs. 1,000 or more made on 1 October, Prime Grameen Micro Finance will contribute Rupees one thousand, as a special token to celebrate the International Children’s Day.

The special event to introduce the ‘Yaalu’Children’s Savings Scheme to Sri Lankans was graced by the Chairman B. Premalal, Deputy Chairperson Sandamini Perera, CEO/Director Chaminda Prabhath, Director/Operations Sanjaya Liyanawatta, members of the Board of Directors, officials and staff, members of Prime Grameen Micro Finance Ltd. and their children.

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