Important
Announcement! Please note: This general announcement pertains to unforeseen circumstances affecting individual members of La Tanda. It may not directly apply to you, especially if you have consistently met your contribution commitments to La Tanda. Unforeseen Circumstances Period Jan 20, 2024 to Jan 5, 2025 Members Performance Due to some members not meeting their commitments to the savings pool program, we have implemented the following measures: Missed Payments: One or more members miss a few payments, we reach out to them to understand the reason and offer support. La Tanda's policy for handling overdue payments involves applying fees based on the outstanding amount. If a member fails to respond or responds as unable to cover the due amount, the due amount is turned into a loan to prevent higher interest charges. In such cases, La Tanda charges a 20% interest rate on a monthly basis, rather than daily, to make it easier for the user to manage the cost. One or more members co...