Presentation on theme: "AN (APPROXIMATE) AGENDA JAK MEMBERS BANK AND ITS HISTORY. SAVING AND LOAN SYSTEM – HOW DOES IT WORK? SOME MORE INFO ON TAKING A LOAN IN JAK. JAK – A TELEPHONE."— Presentation transcript:
AN (APPROXIMATE) AGENDA JAK MEMBERS BANK AND ITS HISTORY. SAVING AND LOAN SYSTEM – HOW DOES IT WORK? SOME MORE INFO ON TAKING A LOAN IN JAK. JAK – A TELEPHONE AND INTERNET BANK. THE HOMEPAGE. QUESTIONS, THOUGHTS AND DISCUSSION. POSSIBILITIES TO ENGAGEMENT AND EDUCATION. EVALUATION.
Balance in the Saving and Loan System ”I shall contribute to the system to the same degree as I use it” How do I contribute? By saving. How do I use ít? By taking loans. Hence, I have to save as much as I borrow. To measure ”that I save as much as I borrow” we have to time into consideration: I contribute the system more if I save 10 000 KR for one year, than I do if I save 100 000 KR for one day.
Saving points One positive saving point = + 1 SP = To save 1 KR in JAK for one month. (When the saving factor is 1) One negative saving point = - 1 SP = To have a debt of 1 KR for one month. Hence: ”One should save at least as much as one borrows ” means ”One should always have a positive balance of saving points in JAK (today or in the long run)” ”One should always have a positive balance of saving points in JAK (today or in the long run)”
Equity Deposit why? In order to have a bank licence, JAK is obliged to own a large reserve on its own (ca. 5 million euro). It is the owners of the bank (the members) who ought to make this investment. And we do. How? -Via the membership deposit: Every new JAK member deposits 200 kr. This money is a basic deposit. The following years the member pays 250 kr, not as a deposit but as a membership fee (to cover for annual admin. costs). The basic deposit stays in the bank and add to its capital reserves. - Via the equity deposit: 6% of the loan. This money goes back to the member when the loan is paid off (*). It accounts for a dynamic part of the reserves, which is passed on like a baton. (*) If JAK’s economy is in good order. It has always been..
APPARTMENT! PROPERTY! SURTY ! LOANS WITHOUT SECURITY UP TO 100 000 KR
YOUR MONEY IS KEPT SECURE. STRONG DEMANDS FOR SECURITY ON LOANS. DEPOSIT GUARANTEE ON ALL SAVINGS. GRYMT GOOD!
DEPOSITS + POSSIBLE SURPLUS SAVINGSLOANS LIQUID MEANS
PROFIT ADMINISTRATION LOSSES TAX ADVERTISEMENT COMMITIONS, ETC.
TAX LOAN FEE MEMBERSHIP FEE ACTIVITIES FOR PUBLIC EDUCATION RETURNS MEMBER BORROWER
SMS-LOAN: THE SMALLEST POSSIBLE JAK- LOAN: TWO DIFFERENT KINDS OF LOANS THE JAK-LOAN COST 130 KR. EVERY MONTH I PAY OFF 208 KR AND SAVE 208 KR. IN TWO YEARS I WILL HAVE 5000 KR ON MY BANK ACCOUNT. PUH! I PASSED THROUGH THIS TIME! REPAYMENT PERIOD: 1 MONTH REPAYMENT PERIOD: 2 YEARS
THE PUPOSE OF THE ASSOCIATION: FREEDOM OF THOUGHT JUSTICE NON-PROIT EFFORTS
JAK Members Bank Association Meeting Layman Auditor External Auditor Election Committee Ethics Councel Committee Internal Auditor CEO Staff, IT Banking Service Savings/Loans, Securities, Liquidities Editor G&G Resp. Publisher G&G Idea/Members Support Local Informants Education Information Marketing
INTERNET BANK JAK AT COUCHSURF JAK AT FACEBOOK E-SCHOOL
BASIC COURSE INITIAL CONTACT JAK-SCHOOL FOR YOUTH JAK-SCHOOL FURTHER EDUCATION AND SEMINARS INTERNSHIP AT THE OFFICE IN SKÖVDE LOCAL GROUPS ORGANIZE CENTRALLY ORGANIZED SOMEONE TELLS NEWPAPER ARTICLE JAK BROCHURE TELEPHONE CONTACT INFORMATION MEETING ETC. TO LEARN MORE