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Do VSLA beneficiaries need to pay IC a percentage of the interest?

April 26, 2017beneficiaries IC pay PERCENTAGE vsla

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Do VSLA beneficiaries need to pay IC a percentage of the interest?

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No, the beneficiaries do not pay IC any of the interest. Apart from monitoring and following up with each groups’ savings practices, the everyday happenings of the associations are designed to be completely independent of the organization.