Isikhungo Sabantu Financial Services Cooperative.Isikhungo Sabantu Financial Services Cooperative (IS FSC) is a cooperative financialinstitution (CFI) governed and owned by its members. A cooperative bank works thesame way as a commercial bank does,however instead of paying bank fees and highinterest on loans, you make a part of the profits that the bank makes as amember.Isikhungo Sabantu Financial Services Cooperative (ISFSC) originated from the NGOIsikhungo Sabantu NPC. Isikhungo Sabantu is a Non-profit Company, aimed at eradicatingpoverty in South Africa through developing and mentoring young people and women tobecomecompetent entrepreneurs. Most of the members come from Gauteng, the EasternCape, and Kwa-Zulu Natal.The Members of IsikhungoSabantu NPC will be able to buy shares in Isikhungo SabantuFinancial Services Cooperative (ISFSC) the cooperative financial institution (CFI). IS FSCmembers can save monthly, invest in financial products, takeinsurance,and takeaffordable loans to start their projects or get help in difficult times.Isikhungo Sabantu FSC will offer products and services that will cater to the needs of themembers. Shareholders/members have a say in the creation of products and operationsof the bank. All products thatare currently available to the members were proposed andcreated by the shareholders of the cooperative bank. These include loan products,savings, insuranceproductsandinvestmentproducts