Microfinance Program

PBK Microfinance Program

PBK Micro-finance Program has been launched in 1993 with a view to address the poor, specially the poor women. The objective was to provide the poor with credit who had plenty of investment prospects around them except the capital. It has brought in the hands of the unbanked people money which is generated by their 0wn savings. This program has given the opportunity of the poor women to prove that they too have the capacity to utilize money in economic activities and can generate substantial income. Today the term “Microfinance” represents more dynamic tools for economic development with a new feature of inclusiveness. Currently Until June 2018, total Outstanding is Tk. 102,06,69,855.00 and saving balance is Tk. 33,30,49,076.00

Microfinance Program Operation

PBK microfinance program operates through 54 branch offices in 1,243 villages of 37 Upazilas in 7 dictricts, providing services to the target clients for their poverty reduction and institutional sustainability are the main focus of the program. Credit operations are carried out through a revolving loan fund. The RLF consists with member savings, retained earnings, and loan from PKSF.

 

 

Members’ Outreach

it has 37,237 members of whom 28,440 are borrowers. Out of a total 37,237 membres 92% are female and 8% are male.

 

 

Institutional Outreach

it has 37,237 members of whom 28,440 are borrowers. Out of a total 37,237 membres 92% are female and 8% are male.

Until June 2018, total Outstanding is Tk. 102,06,69,855.00 and saving balance is Tk. 33,30,49,076.00