Micro-Enterprise Savings and Credit
| Location |
Three field offices in Kumira (Sitakund upazila),
Sitakund sadar (Sitakund upazila)
and Pahartali (Chittagong City Corporation). By 2010 it will be expanded to 14 field offices. |
| Duration |
Since July 2005 |
Goal
To achieve capital accumulation and its maximum utilization, as well as provide and arrange capital for entrepreneurs.
Justification
Marginalized peoples must be given the opportunity to establish themselves as respectable entrepreneurs in their field.
Supporting Organisations
Implemented in partnership with Basic Bank.
| Major Achievement (As of January 2007) |
Member |
386 |
Borrower |
311 |
Credit Disbursed |
Tk.
7970000
|
Realized |
Tk.
4575739
|
Outstanding |
Tk.
3394261
|
| The Scenario of ME Savings-Credit at the end of 2010 |
Total Branch |
14 |
Total group |
672 |
Total Member |
3360 |
Total Borrower |
3024 |
Total Savings balance |
1,15,88,400 |
Total Disbursement |
21,82,71,738 |
Total Realization |
17,52,32,542 |
Outstanding Amount |
4,30,39,196 |
|
