Economic Development

Microfinance

DISA’s micro finance programs have the objectives of reducing the poverty of the rural people & also alleviating hidden hunger of children & adolescents.

Microfinance has an attractive simplicity and a record of success not just in promoting financial resilience but in achieving other social objectives – reaching the excluded, empowering women and developing the capacity of small groups of people to change their fate by themselves. The major purpose of DISA microfinance programs is to provide financial support to poor women through credit delivery and encourage generating savings. DISA believes that micro-financing to the poor is an essential activity, which is to be supported by a social development package for alleviation of poverty from any community.

DISA covers with microfinance program in 75 Upazila in 20 districts of Bangladesh with a network of 4,733 Village Organization (VO) under 102 Branches. The number of members now reached to 1,09,278. Among them 88,388 members are micro credit borrowers (as of September 2017). The proportion of women borrowers is 86,259.

The Micro finance Program of DISA is funded by Palli Karma Sahayak Foundation(PKSF), Stromme Foundation and some Private Banks (like: Mutual Trust Bank LTD, Southeast Bank Ltd , AB Bank, The Farmers Bank Ltd, Shajalal Islami Bank Ltd, NCC Bank Ltd, Sonali Bank Ltd , Pubali Bank Ltd, South Bangla Agricultural and Commerce Bank Ltd, National Bank Ltd, United Commercial Bank Ltd, NRBC Bank Ltd, Trust Bank Ltd, Uttara Bank Ltd, Midland Bank Ltd,Mercantile Bank Ltd, One Bank Ltd.), Meghna Bank Ltd, Bangladesh Commerce Bank Ltd & The UAE-Bangladesh Investment Company Ltd. A certain amount has also been drawn from DISA’s own fund.

DISA’s Micro-Credit program runs with very integrated automated computerized software. It helps the micro-credit program to run smoothly. This software serves DISA to prepare weekly reports, monthly reports and all other reports that are generated as consolidated report at the Head Office.


Members Savings:

DISA maintains three types of saving programs: General, Special and Voluntary. The general saving is minimum Tk. 20 per week for each member. They are also allowed to deposit their special savings. Members can withdraw their special savings whenever they are willing. DISA has been successfully operating both the general and the special saving programs for last 24 years. Savings helps the poor during unexpected situations. On the other hand, saving mobilization also helps the Organization (DISA) to be sustainable, because it is also used as the revolving loan fund. Besides, DISA has initiated its voluntary savings project. The VO members and their family members can deposit a fixed amount every month and get return as per organization policy within 10 years with a good benefit.

Microfinance Program Components:

Micro Finance Programs of DISA includes a number of components to address need of the target population in a coordinated and coherent manner. The Components of Microfinance Programs are:

JAGORON (Rural and Urban Micro Credit)
  • - AGROSOR (Micro Enterprise)
  • - BUNIAD (Ultra Poor)
  • - SUFOLON (Agriculture and Seasonal Loan)
  • - ILFF (Innovative Loan Fund Facility) and
IGA (Income Generating Activities)
DISA Microfinance Program data at a glance :

DISA maintains three types of saving programs: General, Special and Voluntary. The general saving is minimum Tk. 20 per week for each member. They are also allowed to deposit their special savings. Members can withdraw their special savings whenever they are willing. DISA has been successfully operating both the general and the special saving programs for last 24 years. Savings helps the poor during unexpected situations. On the other hand, saving mobilization also helps the Organization (DISA) to be sustainable, because it is also used as the revolving loan fund. Besides, DISA has initiated its voluntary savings project. The VO members and their family members can deposit a fixed amount every month and get return as per organization policy within 10 years with a good benefit.

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