Our Financial Services
Comprehensive savings and loan services designed to meet your financial needs with competitive rates and flexible terms. Serving over 36,000 members across 25 branches in Tigray.
Savings Services
Build your financial foundation with our range of savings options, each designed to meet different needs and life stages.
Required savings for loan services
Requirement
Must be a registered member of Fana SACCO
Frequency
Monthly
Withdrawal
Withdrawal not allowed unless exiting membership
Interest Rate
5% annual interest
Flexible savings with complete withdrawal freedom
Requirement
Minimum opening balance ETB 50, No registration fees
Frequency
Withdraw anytime during working hours
Withdrawal
Can be deposited and withdrawn funds at any time without restriction
Interest Rate
7% annual interest
Special account designed for children
Requirement
Available for children under the age of 18
Frequency
Flexible
Withdrawal
Flexible
Interest Rate
9% annual interest
For vehicles, housing, and investment purposes
Requirement
Must be a registered FANA YOUTH SACCO member (18 years or older), Registration Fee ETB 5,000 (one-time, non-refundable), Minimum initial deposit ETB 5000 or more
Frequency
Make Deposit at anytime during working hours
Withdrawal
Available for Vehicles, housing, and investment
Interest Rate
13% to 15% annual interest based on amount and duration
Fixed-term savings with guaranteed returns
Requirement
Members deposit a fixed sum for a specific period, Must be a registered SACCO member
Frequency
Fixed term deposits
Withdrawal
No withdrawals allowed before maturity without penalty
Interest Rate
Competitive rates based on term