Disbursement Ceremony of Sa Quarter’s NAGANI Money Saving Box Association
14 August 2019 – 2 PM,
The ceremony was held at Japan Monastery, Sa Quarter, Pyi Kyi Ta Kon Township in Mandalay. Disbursement ceremony of No (1) NAGANI Money Saving Box Association.
Attended by A Shin Za Wa Na (Nayaka – NAGANI Money Saving Box Association), U Su Zar Ta “Japan Monastery Abbot” and Daw Kyi Kyi Mar (Chairman – NAGANI Money Saving Box Association), Daw Tin San (Auditor – NAGANI Money Saving Box Association), and Ko Aung Ko Win (Secretary – Wira Thu Foundation). U Su Zar Ta “Japan Monastery Abbot” delivered the doctrine.
After that, each of the 200 members received their saving money 200,000 kyats, each of 118 members received their saving money 150,000 kyats and 32 members received their saving money 100,000 kyats. Sa Quarter’s NAGANI Money Saving Box Association is no (1) money saving box association founded by Sayardaw U Wira Thu on 1.9.2014. Sa quarter’s NAGANI Money Saving Box Association members are not only Buddhist but also Islam.
Two-hundred and seventy-five members in present time. One hundred and two members are in 200000 kyats role, seventy-one members are in 150000 kyats role and one hundred and two members in 100000 kyats role.
The lending system of NAGANI money saving box association is 5 percent deposit. For the 50000 kyats. Must save 1000 kyats per day. Within the deposit of 5 percent, the 2 percent used for the member’s medical treatment and 3 percent is used for adding new members and more lending. The profit money is using back on the current money saving box and not using in another saving money box. There have 7 NAGANI Money Saving Box Association founded by Sayadaw U Wira Thu.
(Wira Key Mein – Reporter of NAGANI money saving box)