Participatory Savings and Credit Programme (PSCP)
| Location |
Chittagong Division in two districts ( Chittagong and Rangamati). 12 Upozilla/Thana, 36 Union/Pouroshava and 211 village/Ward under the Chittagong and Rangamati districts. |
| Duration |
P articipatory S avings and C redit P rogram ( PSCP ) is YPSA's own program and implemented by YPSA's own initiative. It is mentioned that YPSA have been working with PSCP since 1993. It will be exits as long as YPSA exist. |
| Situation |
Poor people don't have the opportunity to get loans from normal banks. Although they have ideas and dreams, they do not have access to capital and resources, which are essential for the start-up of any business. |
Goals
Organizing the target people especially women for accumulation of capital and creating the self-employment, which leads to poverty reduction and empowerment.
Objectives
- To create self confidence and enthusiasm to development through making united by their own organization.
- Capital formation through savings mobilization.
- To provide capital for creating self-employment through Income generating activities
- To participate in all development activities and play positive role accordingly.
Beneficiaries
Poor and hardcore poor people specially women, landless, day laborers, disable person who are able to do something for income generating activities, indigenous people, small business man, poor farmer etc.
Activities
- Group formation
- Benchmark Identification
- Awareness building
- Savings Mobilization
- Credit need assessment
- Providing credit
- Credit & IGA follow up
- Participation in the development activities
- GO-NGO networking
- Skilled Development
Achievements
By December 2007:
| # of Branch |
# of Group |
# of Member |
# of Borrower |
Savings Balance |
Loan Disburse ment (Cumulative) |
Loan Realized (Cumulative) |
Portfolio |
Reco very Rate |
12 |
840 |
13,854 |
10,348 |
24430904 |
329995000 |
285846313 |
44148687 |
99.48% |
Future Plans
| The Scenario of MF Savings-Credit at the end of 2010 |
Total Branch |
35 |
Total group |
3000 |
Total Member |
59500 |
Total Borrower |
41650 |
Total Savings balance |
10,68,85,734 |
Total Disbursement |
21,82,71,738 |
Total Realization |
17,52,32,542 |
Outstanding Amount |
4,30,39,196 |
Supporting Organisations
- CARE Bangladesh Through INCOME Project.
- BRAC NCU
- BASIC Bank
- PKSF
- Action Aid Bangladesh
- BPHC
- DFID Through Cofcon
- NGO Alliance of Chittagong (NAC)
|
