Economic Development Program (EDP)

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YPSA economic devlopment activities initiated from 1993. At present this program is being operated by 61 branches under 8 districts of Chattogram Division.

Duration of Project: 1993 to Present

Implemented by YPSA own Fund

Supporting Partner PKSF

Working area:

Name of District	Name of Upazila/ Thana	Number of  Union	Name of District	Name of Upazila/ Thana	Number of  Union
Chattogram	Chattogram City Corporation, Sitakund, Mirshari, Sandwip, Rangunia, Rauzan, Fatikchari, Hathazari, Potiya, Boalkhali, Candanashi and Anwara	73	Cumilla	Chandina, Titas, Laksham, Cumilla Sadar Adarsha, Cumilla sadar south, Lalmai, Budichang and Debirdar	46
Rangamati	Rangamati Sadar and Khowkali	12	Feni	Feni Sadar, Chagolnaiya, Dagonbhuyan and Sonagazi	25
Khagrachari	Khagrachari Sadar, Panchari and Ramgar	9	Cox’sbazar	Chokaria and Ramu	12
Bandarban	Naikknchari	3	Chandpur	Hazigang, Kachua and Sahrasti	21

 Goal of the program:

To reduce poverty and empowerment of target people, especially

women through capital formation and entrepreneurship development.

Specific Objectives:

► Organize poor people particularly women for creating self-confidence and enthusiasm to self development through formation of group

► Capital formation through savings mobilization and providing access to financial sources

► Local resource collection and its maximum utilization

► To involve target people specially women with the Production

► To promote employment through capacity development

► To provide/arrange capital for entrepreneur for running their business/enterprises

► To facilitate entrepreneur for establishing linkage with market

Key Components:

1) Group formation

2) Savings creation

3) Loan selection and Loan distribution

4) Training

5) Awerness activities

6) Increse members equity and Livelihood development

7) Remittance

Products :

1. Savings Products:

1.1) General Savings

1.2) Open Savings

1.3) Monthly Savings

2. Loan Products:

2.1) Jagoron

2.2) Agrasor

2.3) Sufalon

2.4) Buniad

2.5) Inclusive finance Loan

2.6) IGA Loan

2.7) Assets creation loan

2.8) Livelihood Improvement Loan

2.9) Sanitation development loan

2.10) Abason Loan

2.11) RCC Loan

2.12) LIEPG Loan

2.13) Agrashor (MDP)

2.14) Agrashor (SEP).

2.15) LRLP

 Program Achievements:

Report as on 30 June 2021

 

# of Branch	# of Member	# of Borrowers	Total Saving	Loan Outstanding	Cumulative loan Disbursement	Cumulative recovery rate
61	78,810	57,486	66,48,27550	180,13,20287	130,67,89,6000	98.63%