There are seasonal variations in the amounts saved by a member. Many groups take such seasonal variations into account in fixing the minimum monthly savings expected from members. Encourage the practice of fixing a minimum amount to be saved each month. Every group needs a policy on how to manage the savings of members who one, leave the group voluntarily and two, are asked to leave for some reason. Payment of interest to members on savings deposited in the common fund is still not a widespread practice, but one that is worth considering and promoting.
Many groups permit their members to save for a particular purpose - eg.
Such practices should be encouraged. Several groups make a distinction between members savings and contributions to its common fund. There are instances where such a decision has resulted in a drop in savings among other members who fear the same consequences. Repayment schedules must be finilised and minuted when loans are disbursed. Promissory notes obtained by many groups for large loans should be between the group and the member.