Palli Shishu Foundation of Bangladesh has started activities of the MIcro Finance Program from 1st July 1995. The program in question was undertaken by the PSF with a view to associate the great majority of the millions of the landless laborers and marginal farmers particularly disadvantage women under an institutional framework of poverty alleviation through pursing various income Generation Activities (IGA).
The PSF initially started its activities under the Micro Finance Program in one particular branch only. The number of such brnahes however increased gradually and now stands at 21 at the end of 31st December 2022. Address and starting year of 21 branches are given below:
Name of Branch |
Name of Union |
Name of Upazila |
Name of District |
Own building/ Rent office |
Branch Starting year |
|||||
Sl |
Magura District |
|||||||||
1 |
Magura Sadar |
Magura Municipality |
MaguraSadar |
Magura |
Rent |
1997 |
||||
2 |
Sreepur |
Sreepur |
Sreepur |
Magura |
Rent |
1998 |
||||
3 |
Bunagati |
Bunagati |
Salikha |
Magura |
Rent |
2016 |
||||
4 |
Alomkhali |
Hazrapur |
Magura |
Magura |
Rent |
2016 |
||||
5 |
Nakol |
Kadirpara |
Sreepur |
Magura |
Rent |
2016 |
||||
Munshigonj District |
||||||||||
6 |
Nagerhat |
Kanoksar |
Louhajonj |
Munshigonj |
Rent |
1995 |
||||
7 |
Kazirpagla |
Madenimondal |
Louhajonj |
Munshigonj |
Rent |
1995 |
||||
8 |
Balasur |
Vaggokul |
Sreenagar |
Munsigonj |
Rent |
2016 |
||||
9 |
Sirajdikhan |
BaroPauldiya |
Sirajdikhan |
Munsigonj |
Rent |
2016 |
||||
Madaripur District |
||||||||||
10 |
Rajarchar |
Rajarchar |
Shibchar |
Madaripur |
Rent |
1996 |
||||
Naogaon District |
||||||||||
11 |
Naohata |
Vimpur |
Mahadevpur |
Naogaon |
Rent |
1998 |
||||
12 |
Dubalhati |
Dubalhati |
NaogaonSadar |
Naogaon |
Rent |
1998 |
||||
13 |
Battalihat |
Balihar |
NaogaonSadar |
Naogaon |
Rent |
2008 |
||||
14 |
Satihat |
Ganespur |
Manda |
Naogaon |
Rent |
2008 |
||||
15 |
Chowbaria |
Barsho |
Manda |
Naogaon |
Rent |
2013 |
||||
16 |
Delowabari |
Kusumba |
Manda |
Naogaon |
Rent |
2013 |
||||
Rangpur District |
||||||||||
17 |
Sukurarhat |
Moyeanpur |
Mithapukur |
Rangpur |
Own building |
1995 |
||||
18 |
Chatra Pirgonj |
Chatra |
Pirgonj |
Rangpur |
Own building |
2022 |
||||
19 |
Shotibari |
|
Mithapukur |
Rangpur |
Rent |
2022 |
||||
20 |
Darshona |
|
Tajhat |
Rangpur |
Rent |
2022 |
||||
21 |
Pirgacha |
|
Pirgacha |
|
Own building |
2022 |
Covering a total number of 20,891 members out of whom 20,034 are women and 857 are men. Out of total 1,082 groups 1,037 are female groups and the rest 45 are male groups. The total savings of the members under the various groups stood at Tk. 15, 59, 78,097 at the close of 31st December, 2022.
An elaborate picture of the Groups, Members, and Balance outstanding Loan & Savings in the field as of 31-12-2022 is as follows:
Groups |
Members |
Borrower Members |
Balance of Members Savings TK. |
Balance of Loan Outstanding |
1 |
2 |
3 |
4 |
5 |
1068 |
20,677 |
13,252 |
15,59,78,097 |
46,58,80,858 |
An elaborate picture of the Cumulative disbursement & recovery of Micro Finance Program from 1st July 1995 to 31st December 2022 as follows:
Particular |
Male Tk. |
Female Tk. |
Total .Tk. |
1 |
2 |
3 |
4 (2+3) |
Cumulative loan disbursement |
99,09,02,834 |
4,63,08,04,166 |
5,62,17,07,000 |
Cumulative loan recovery |
93,08,65,000 |
4,22,49,61,140 |
5,15,58,26,140 |
Loan outstanding |
6,00,37,834 |
40,58,43,026 |
46,58,80,860 |
An elaborate picture of the Cumulative recoverable, recovery & recovery rate of Micro Finance Program 31st December 2022 as follows:
Particular |
Tk. |
1 |
2 |
Cumulative loan recoverable Tk. |
5,16,50,46,036 |
Cumulative loan recovery Tk. |
5,15,58,26,140 |
Cumulative loan recovery rate (%) |
99.82% |
Meanwhile, Palli Shishu Foundation of Bangladesh has been enlisted as a partner organization of PKSF. There appears to be unlimited scope for expansion of micro-finance operation as a measure of poverty alleviation in the areas covered under various branches of Palli Shishu Foundation of Bangladesh mentioned above.
We have received component -wise fund from PKSF & PUBALI Bank Ltd. (Pirerbag Branch) to run the Micro Finance Program through 21 (Seventeen) branches. The break-up of fund is shown below till 31st December 2022.
Name of Component |
Fund Received Principal Amount till 31.12.2022 |
Fund Refunded till 31.12.2022 |
Outstanding Principal Amount 31.12.2022 |
Remarks |
|
Principal Amount |
Service Charges |
||||
1 |
2 |
3 |
4 |
5 = (2-3) |
6 |
RMC |
7,35,00,000 |
7,35,00,000 |
67,21,140 |
- |
|
ME (GOB) |
3,80,00,000 |
,3,80,00,000 |
34,72,394 |
- |
|
SL |
4,75,00,000 |
4,75,00,000 |
12,01,667 |
- |
|
JAGORON |
20,00,00,000 |
12,73,00,000 |
1,41,37,125 |
7,27,00,000 |
|
AGROSOR |
11,20,00,000 |
7,20,00,000 |
80,22,500 |
4,00,00,000 |
|
SUFOLON |
11,00,00,000 |
9,50,00,000 |
28,27,084 |
1,50,00,000 |
|
IGA |
4,50,00,000 |
3,06,00,000 |
31,95,625 |
1,44,00,000 |
|
LIL |
16,00,000 |
13,50,000 |
45,125 |
2,50,000 |
|
ACL |
24,00,000 |
19,50,000 |
86,625 |
4,50,000 |
|
LRP |
5,00,000 |
5,00,000 |
3,750 |
- |
|
EFRRAP |
15,00,000 |
15,00,000 |
11,250 |
- |
|
IDL |
3,76,255 |
3,76,255 |
4,239 |
- |
|
BUNIAD |
1,00,00,000 |
63,33,333 |
94,584 |
36,66,667 |
|
LRL |
1,50,00,000 |
65,00,000 |
10,50,000 |
85,00,000 |
|
LRL-2nd |
2,00,00,000 |
20,00,000 |
48,750 |
1,80,00,000 |
|
Total |
67,73,76,255 |
50,44,09,588 |
4,09,21,858 |
17,29,66,667 |
|
Name of Component |
Fund Received Principal Amount till 31.12.2022 |
Fund Refunded till 31.12.2022 |
Outstanding Principal Amount 31.12.2022 |
Remarks |
|
Principal Amount |
Service Charge |
||||
1 |
2 |
3 |
4 |
5 = (2-3) |
6 |
PKSF Fund |
67,73,76,255 |
50,44,09,588 |
4,09,21,858 |
17,29,66,667 |
|
PBL FUND |
12,87,00,000 |
6,90,00,000 |
35,75,567 |
5,97,00,000 |
|
Last Three Years Our Achievment:
Future Programs:
The Program performance experience of PSF has been summed up in this report before. With its set up, limitation and strength we plan to keep our activities in 2021-2022 in the following area:
We will start social Forestation Program in selective Branches.