Financial education

Use your money with confidence

Short lessons, practical examples and simple calculators that work on low-cost phones.

Short lessons

Practical points to remember

Read each lesson or press Listen to hear the guidance.

Write down all money coming in and going out. Pay for food, health, school and housing first, then set aside savings.

Each time money comes in, save a small chosen share first. Do not wait for a large amount to remain at month-end.

Ask for the interest rate, total repayment, repayment period, security and late-payment consequences before signing.

Monthly loan payments should not prevent essential household spending. Seek advice before borrowing to repay another loan.

Never give anyone your PIN, password or one-time code. SACCO staff should not ask you for them.

A message asking for advance payment, your PIN or an unfamiliar link may be fraud. Stop and verify with the SACCO.

Enter income and spending for the same period, such as one month.

Income (Frw)

Essentials (Frw)

Other spending (Frw)

Debt payments (Frw)

Remaining

0 Frw

Choose an affordable share to save regularly.

This is an illustration only. Enter the rate quoted by the SACCO; it is not an Ishema SACCO rate and does not approve a loan.

Loan amount (Frw)

Annual interest (%)

Months

Estimated monthly payment

44,424 Frw

Estimated total

533,093 Frw

Practical advice

Farmers: align saving with harvest seasons.

Small businesses: separate household and business money.

Youth: start with a small goal and measure progress.

Women and families: discuss budgets and debt before deciding.

Savings groups: record rules, every payment and every approval.