Micro Finance & Enterprise Program
Program Duration: On going
Name of the donor organization: PKSF, Basic Bank and YPSA own fund
Working Area: Chittagong Division
YPSA Microfinance and Micro Enterprises (MF & ME) Program started since 1993. This program is being run in 5 districts, 32 thanas and upazilas, 121 union / municipalities and 530 villages / wards through 35 branches.
By ensuring the effective participation of the targeted people in the socio-economic development of the small beneficiary rural and urban poor (landless, agricultural laborers, day laborers, small and marginal farmers, small traders, indigenous communities, slum dwellers, people with (especially disadvantaged women) That is, building a people organization or group and creating its own capital is the main goals of the Social development organization YPSA “Microfinance and Micro Enterprises” Program.
Goal of the program:
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
Running activities in the program:
1) Group formation 2) Savings creation 3) loan selection and loan distribution 4) Training 5) Recreation Program 6) Remittance
Running products:
1. Savings activities:
1.1 General savings 1.2 free savings 1.3 Monthly savings
2. Credit Programs:
2.1 Jagoran
2.2 Agrasor
2.2 Buniad
2.4 Sufalan
2.5 LIFT- IDPDP (Inclusive Finance for PWDs)
2.6 Sanitation Development Loan
2.7 ENRICH – IGA
2.8 ENRICH – Asset Credit Loan
2 .9 ENRICH – Livelihood Improvement Loan.
At a glance branch based Microfinance and Micro Enterprises (MF&ME) Program information
SL NO | Branch Name | NO of Credit Officer | NO of Group | Total Members | Lonnie Member | Total Savings | Total Outstanding |
1 | Sitakund Branch | 5 | 90 | 1,495 | 934 | 11,515,680 | 27,340,257 |
2 | Muradpur Branch | 5 | 78 | 1,352 | 805 | 7,670,276 | 22,003,708 |
3 | Mirshari Branch | 6 | 109 | 2,051 | 1,389 | 16,298,015 | 41,534,120 |
4 | Kumira Branch | 6 | 97 | 2,003 | 1,462 | 10,758,170 | 40,829,434 |
5 | Alekdia Branch | 4 | 55 | 734 | 500 | 4,106,075 | 12,141,117 |
6 | Muhuri Branch | 5 | 79 | 1,394 | 910 | 9,922,760 | 28,799,634 |
7 | Kowkhaly Branch | 5 | 84 | 1,569 | 1,176 | 8,906,834 | 24,308,086 |
8 | Saherkhaly Branch | 4 | 59 | 878 | 520 | 5,537,915 | 13,720,909 |
9 | Sayedpur Branch | 6 | 83 | 1,661 | 1,120 | 11,411,436 | 34,839,414 |
10 | Mohanagor Branch | 4 | 57 | 967 | 685 | 6,115,605 | 23,252,651 |
11 | Chagolnaya Branch | 5 | 53 | 937 | 822 | 7,097,658 | 30,845,016 |
12 | Barayerhat Branch | 4 | 67 | 846 | 585 | 3,309,940 | 12,934,558 |
13 | Moriamnagar Branch | 4 | 66 | 1,072 | 759 | 4,825,606 | 14,775,630 |
14 | Motoi Branch | 4 | 51 | 651 | 491 | 3,573,113 | 14,526,621 |
15 | Sultanpur Branch | 4 | 61 | 797 | 561 | 3,466,606 | 13,997,449 |
16 | Mogolerhat Branch | 3 | 52 | 749 | 501 | 2,923,914 | 10,873,941 |
17 | Pahartoli Branch | 5 | 85 | 1,990 | 1,223 | 15,063,886 | 49,489,716 |
18 | Katgor Branch | 5 | 80 | 1,486 | 1,032 | 15,210,941 | 38,917,750 |
19 | Halishahar Branch | 4 | 69 | 1,303 | 943 | 8,270,160 | 22,988,063 |
20 | Jalalabad Branch | 5 | 73 | 1,695 | 1,192 | 12,405,643 | 33,087,437 |
21 | Khulshi Branch | 4 | 77 | 1,284 | 1,049 | 8,599,010 | 25,625,688 |
22 | Bakolia Branch | 4 | 81 | 1,183 | 857 | 8,560,714 | 26,884,252 |
23 | Rangamati Branch | 5 | 70 | 1,515 | 1,105 | 13,315,378 | 31,421,060 |
24 | Comilla Branch | 4 | 59 | 1,121 | 923 | 8,039,206 | 25,541,296 |
25 | Panchari Branch | – | 2 | 39 | 22 | 144,700 | 903,157 |
26 | Azadibazar Branch | 3 | 30 | 291 | 163 | 632,175 | 3,378,877 |
27 | Hathazari Branch | 3 | 38 | 405 | 307 | 1,604,604 | 8,423,045 |
28 | Dagonbhuyina Branch | 3 | 23 | 253 | 188 | 1,054,983 | 5,726,248 |
29 | Dacbanglo Branch | 3 | 21 | 266 | 186 | 1,003,395 | 5,685,099 |
30 | Bagmara Branch | 1 | 11 | 126 | 30 | 242,320 | 1,554,000 |
31 | Hiankho Branch | 2 | 11 | 96 | 21 | 99,380 | 540,000 |
32 | Burigchong Branch | 1 | 2 | 17 | – | 610 | – |
33 | Chandina Branch | 1 | 2 | 21 | – | 1,940 | – |
34 | Kongsonagor Branch | 1 | 2 | 21 | – | 2,100 | – |
35 | Feni sadar Branch | 1 | 1 | 13 | – | 1,300 | – |
Total | 129 | 1,878 | 32,281 | 22,461 | 211,692,048 | 646,888,233 |