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