{"id":33590,"date":"2017-03-31T12:31:21","date_gmt":"2017-03-31T12:31:21","guid":{"rendered":"https:\/\/new.igihe.com\/zigama-css-makes-rwf-6-8-billion-profit\/"},"modified":"2017-04-02T13:06:10","modified_gmt":"2017-04-02T13:06:10","slug":"zigama-css-makes-rwf-6-8-billion-profit","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/zigama-css-makes-rwf-6-8-billion-profit\/","title":{"rendered":"Zigama CSS makes Rwf 6.8 billion profit"},"content":{"rendered":"<p>{Zigama Credit and Saving Cooperative (Zigama CSS) for members from security organs including the military, police and correction services has announced to have made a profit of Rwf 6,800,000,000 in 2016, a 31% growth from 2015. } <\/p>\n<p>Following a general meeting of Zigama CSS held yesterday, the Chairman of the Board of Directors for Zigama CSS, Dr. James Ndahiro told the media that members are delighted with the progress. <\/p>\n<p>\u201cWe earned 6.8billion in profit in 2016 equaling 31% compared to 2015 where the profit was Rwf 5.24 billion,\u201d he said. <\/p>\n<p>In 2015, Zigama CSS reduced interest rate from 15% to 13% which Dr. Ndahiro explained helped military, police and other small members to access loans bringing benefits for their families and neighborhoods.  <\/p>\n<p>Reducing interest rate led  to the increase of the loan book  to 28% in Zigama CSS in 2016 compared to 2015. <\/p>\n<p>Dr Ndahiro attributed increased profit to commitment and discipline of members whose performance ensures there are no nonperforming loans. <\/p>\n<p>\u201cIt has been realized that only one member failed to pay within 18 years.This demonstrates commitment and discipline of our members,\u201d he said.<\/p>\n<figure class=\"spip-document spip-document-19019 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/2-1380-6abac.jpg\" alt=\"Zigama CSS members in a general assembly yesterday.\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>{Zigama Credit and Saving Cooperative (Zigama CSS) for members from security organs including the military, police and correction services has announced to have made a profit of Rwf 6,800,000,000 in 2016, a 31% growth from 2015. } Following a general meeting of Zigama CSS held yesterday, the Chairman of the Board of Directors for Zigama [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[72,75],"byline":[170],"hashtag":[],"class_list":["post-33590","post","type-post","status-publish","format-standard","hentry","category-news","tag-featured-news-home","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/33590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=33590"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/33590\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=33590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=33590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=33590"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=33590"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=33590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}