Withdrawable Savings Account

An account which is available to corporate members who are in business and wish to accumulate funds for reinvestment in their business later.
Features: Minimum balance of K50,000. Save for One (1) year or more by making
regular deposits.
Benefits: Account holders are able to access credit facilities based on their accumulated
savings. Withdrawals can be made any time, but interest of 10% p.a will be paid on nonwithdrawal

Latent Sacco is your trusted financial partner, ensuring growth and success when investing at home while abroad. A member wishing to develop real estate or build housing units or develop a farm can openthis account. The cooperative can undertake the development on the members’ behalf.
Features: K5000 opening balance. Any Zambian, irrespective of location can open a
Diaspora account.
Benefits: Our products and services are customized to meet the needs of our customers. A member can borrow against their accumulated savings in order to develop real estate such as housing units or a farm. If funds are not withdrawn fora year, you can earn interest rates of up to 11% ensuring exceptional returns. Yourfunds are always secure with us