At Assurance Microfinance Corporation, we believe in the power of focused saving to achieve financial goals. Our “Saving Goal. One Account. One Result.” approach simplifies and streamlines your journey to financial success.
Mary Uju Okota had always dreamt of sending her daughter, Oluchi, to a prestigious secondary school. As a single mother and small business owner in Abuja, she struggled daily to keep her shop running and provide for her family. Despite her long hours selling fabric and household items in the market, her earnings barely covered their needs. Every evening, after closing her shop, Mary would help Oluchi with her homework, instilling the importance of education and hard work. She hoped that through perseverance and perhaps a stroke of luck, she could give Oluchi opportunities she never had.
One day, Mary visited the nearby branch of Assurance Microfinance Corporation, where she heard about their Target Savings Account. It was a savings plan that allowed individuals to save steadily towards a specific goal, with attractive interest rates and flexibility to withdraw when needed. Encouraged by the friendly staff and the ease of opening the account, Mary decided to give it a try.
She set her goal: Tolu’s school fees for the next academic year. Every month, she committed a portion of her shop’s earnings to her Target Savings Account. At first, it wasn’t easy. There were times when sales were slow, and emergencies arose. But Mary remained disciplined, constantly reminding herself of the bright future she wanted for her daughter.
As the months passed, she found herself getting closer to her goal. Assurance Microfinance sent her regular updates, showing the steady growth of her savings and the interest it was earning. Seeing her progress kept her motivated. The savings were secure, and she had peace of mind knowing she was on the right path.
Finally, the day came. Mary had reached her target. With tears in her eyes and a heart full of joy, she walked into Assurance Microfinance to withdraw the funds. The staff celebrated with her, knowing how much this meant for her family.
Thanks to the Assurance Target Savings Account, Mary could pay Tolu’s school fees in full. It wasn’t just about the money—it was the fulfillment of a mother’s wish to give her child a brighter future. Mary’s story didn’t end there. She continued to use the Target Savings Account, setting new goals for her business and her family.
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For Mary, Assurance Microfinance was more than just a bank—it was the partner that turned her dreams into reality.
Same can be your journey also, join us today.
