• Enables members to introduce their children to saving at early age, save for their future needs as well earn attractive returns.
• Requirements; Parent ID copy, Child’s birth certificate & Passport Photos
• No minimum monthly savings.
• Minimum savings balance is Ksh. 2,000
• Minimum Earning Interest from Kshs. 5,000
• Rate of interest is 7-6% p.a or as may be determined by board
• Operated by guardian.
• No ledger fees charged.
• Discount on bankers cheque to school.
• Maximum 3 withdrawals per year (controlled by system).
• Invitation to Malaika Junior parties and events every December for accounts with Kshs.70,000 and above.