Each Community Savings and Lending Group will have a 'Share Price'. This is the base amount that the group will save, and can be set to whatever amount the group decides upon.
A member purchases one share each time they contribute a savings amount equal to the Share Price and at group cash-out they are paid back based on how many shares they have purchased.
In a Community Savings and Lending group the value of a share can rise and fall based on member loans and fees.
In MiKashBoks you'll first set the Share Price and then choose how much each member can save during each meeting.
To see a brief video of this process check out:
In the above example, the Share Price is 10 Leones | Next you'll pick the total deposit due per member on each transaction date.
You have three choices:
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The Social Fund operates under the same rules, instead of setting a Share Price you only set how much is due per member each week.


