Economic Development Program (EDP)

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Health Camp
Vermicompost fertilizer production
cataract surgery campaign
Handicraft product making by women
Satellite clinic
Plant sex pheromones
improved cooking stove making
Dr. Fakruddin Ahmed, PKSF director visit micro finance program
Beneficiary
group photo in front of Bangabandhu International Conference Centre
stall
participants
Plant display of Agriculture Project
Group meeting of women
Beneficiary
Yard meeting health worker
Beneficiary
Beneficiary
Woman making handicraft
Satellite Clinic

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

  1. 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%