Investment Association

INVESTMENT ASSOCIATION

Welcome to Landa Investment Christian Association – (LICA), an Association that was formed to address Staff, Parents and Community needs. Formed mainly to provide affordable Financing. The Association os is an affiliate of the Academy.

The Association membership is open to LICA community that includes Staff, Parents and the community at Large. 

Objectives of the Investment Association

Under the general principles of financial safety and soundness, the purpose of the Association is to provide its members with the following: 

    1. Offer members savings, deposits, and relaxed services earning competitive rates of interest while minimising financial risks on such savings. 
    2. to mobilise savings from its members by way of minimum monthly contribution to the Investment Association of 50,000 UGX and to encourage members to raise funds for savings in every possible way.
    3. Provide members with credit facilities for purposes of development through acquisition of assets.
    4. Provide an opportunity for members to improve their respective economic, social and financial conditions. 
    5. Encourage and develop a savings culture among members so as to develop a wide capital base for accessing external sources of funds at fair and reasonable interest rates as a result of enhanced bargaining power. 
    6. Minimise the risk of loan defaulters through efficient and effective loan recovery mechanisms.
    7. Facilitate members to set up development and/or investment projects through continuous training programmes on the proper use of credit. 
    8. Professionally manage the Association to ensure operational and financial sustainability. 
    9. Any other necessary and legally-authorised and economically feasible financial services demanded by its members. 

If you have any Investment related questions please do not hesitate to contact us at landainvestmentchristianass@gmail.com

Related Stories

More Stories

Where Next