The program started its activities since 2012. Increased income of the poor people is the objective of the program.
Our Approach
To eradicate poverty, remove economic vulnerability and ensure access to financial services to all men and women, in particular the poor and the helpless, RISDA-Bangladesh has operated Micro Finance program. It has conducted the program through savings accumulation and credit disbursement process where people in need receipt credit for doing various income generating activities in crops & vegetable production, animal husbandry, fish culture, poultry rearing, small business and handicrafts production.
Our Impact
Our Achievements up to June 2019
- 10+ Branch Office Set Up
- 297+ Women Groups Formed
- 6087+ Members Involved in Income Generating Activities (IGAs)
- BDT 2,62,33,176+ Savings Accumulated
- BDT 9,03,37,059+ Invested Outstanding with Members
- BDT 52,97,74,516+70,70,000 Disbursed for cumulative Investment
- Recovery rate 98%
Way Forward
We will expand our activities in new areas and continue to adapt our models to the context of the project areas. Keeping in mind our mission and future goals we have to stride for our next steps and identify our future strategies. We are aware of our limitations, yet we are determined to explore our potentials. We look forward with hope and passion to accomplish our tasks ahead based on our learning and experience.
