A Flexible & Rewarding Savings Plan for Micro & Small Businesses
CIDAN Susu Schemes
At CIDAN Capital, our Fixed Deposit accounts offer secure, high-yield investment opportunities tailored to different financial needs. With a minimum tenure of 3 months (91 days), our deposits are benchmarked against the Bank of Ghana Treasury Bill rates plus a risk-adjusted premium, ensuring competitive returns.
Susu Savings Categories
Our Susu savings scheme is categorized into three distinct products based on daily contribution amounts:
Product A:
GH¢50.00
and above per day
(Higher-income Micro/SMEs)
Product B:
GH¢20.00
– GH¢49.99 per day
Product C:
GH¢5
– GH¢49.99 per day
Key Features
-
Withdrawals
Clients can make withdrawals once a month -
Interest Earnings
Susu savings earn competitive interest rates (Bank of Ghana T-bill rate + 2% per annum)
-
Loan Access
Save consistently for 10 weeks (Product A) or 12 weeks (Products B & C) to qualify for a loan -
Low Minimum Requirement
Open an account with just GH¢5.00
Who Can Benefit
from the Susu Scheme?
- Small business owners (food vendors, artisans, traders, market women, etc.)
- Transport operators (taxi & trotro drivers, mechanics, etc.)
- Individuals with daily incomes who cannot visit a bank regularly
- Petty traders who attend market days in different towns
- Churches & associations with regular meetings for group savings
