Savings Management Program (Microcredit)
Savings Management program has been started in 1995 with the support of CORDAIDNetherlands than DANIDA and organizational own fund. The program is being implemented in 8 upazilas of Jamalpur and Sherpur districts. Unnayan Sangha has planned to expand the program in some other districts/upazilas. Details information of the program basing on the present status is given below
- – Total group: 1512
- – Total group members: 8472
- – Total Savings: Tk. 9854670/-
- – Total Borrowers: 2216
- – Total outstanding: Tk. 18100000/-
- – Rate of interest 12.5% (Flat)
- – Realization rate: 98%
- – Staff engaged with the program: 38
Microcredit support is giving to the poor and middle class people on agricultural, livestock, fisheries, poultry, food processing, small business, small entrepreneurship etc. US has policy/guideline and other accounting books with all necessary documents/papers and system for the program.