News III

APFO SAVINGS AND CREDIT ORGANISATION

THIS SERVES TO INFORM ALL MEMBERS (SAVERS) THAT THERE
WILL BE SENITISATION MEETING FOR THE TRANSFORMATION
OF SAVING SCHEME TO SACCO SHECDULED FOR MONDAY NOV
27, 2017 AT 9,00AM IN THE HEAD OFFICE AND THE
PROGRAMME WILL BE SHIFTS

YOU ARE THEREFORE INVITED YO ATTEND IN PERSON

NB PLEASE DONT HESTATED TO ATTEND
THANKS

BY MANAGER DRAMBELE AFANI

0775369498
0756411599
APFO SACCO FINANCIAL STATEMENT AS AT 30TH OCT 2017
LOAN TRANSACTION
LOAN RECOVERED 2.082.000
NOT RECOVERED 15.420.000

Profit 110.000
Income statement
Application 0
Processing fee 0
Plenalties 31500
Bal bld 757.000
Profit 110.000
Expenditure 898500
Secretarial services 5000
Transport 5000
Airtime 10.000
Loan committee allowance 0
Volunteer allowanace 0

Net flow 898500-20.00

Bal 878500

Recommendation
Enforcement of defaulters by members (severs)
Call for meeting
Need to register the SACCO