Features:

• Minimum monthly deposit is Kshs. 2,500
• Minimum balance is Kshs. 5,000
• Designed for children and youth under the age of 18.
• Allows deposits to be used as collateral for member loans, supporting financial empowerment.
• Converts to a Main Savings Account automatically when the account holder turns 18.
• The account earns interest.
• Promotes financial education and responsibility through age-appropriate initiatives.
• Requires parental or guardian involvement for account opening and transactions.
• Allows withdrawals upon notice of 7 working days, encouraging responsible financial planning, given the funds are not attached as loan collateral.
• Requires a minimum monthly deposit encouraging regular savings habits.