Working area

Patiya Upazilla, Karnafulluy Thana, Fatik Chari Upazilla(Nazir Hat)Anwara  Upazilla, Hatazari Thana  and Chittagong City Corporation.

Aim

To make group and individual self-reliant.

To make them financially self-sufficient through poverty alleviation.

To grow saving attitude among the poor and side by side create group or team.

Objective

To form small group (Samiti) by organizing targeted people within the project area of NOWZUWAN.

To increase awareness & ability of the group members in order to conduct the Samiti

Smoothly, maintain discipline to help shape saving policy, its utility, mother and child

care, sewerage environment and give proper idea about cultivating vegetables in the

Home courtyard, IGA activities, loan receipt and utilization rules.

Impart training to the group members in order to enhance their skill for poverty

Alleviation and self-employment.

To form savings fund of the group members.

To ensure proper distribution of loan and its appropriate utilization.

Targeted People:

Poor, Landless woman, PWDs and backward community people of the Society.

Beneficiary

30000

Duration:

1996- on going

Success:

Total 5165 family have been receiving financial services.

More than 14 core take has been distributed as loan for various IGA activities for

Removing poverty.

Along with the distribution of loans the beneficiaries have been encouraged and

Motivated for savings.

Financial & Technical Support

PKSF

CODEC

CSS

Jamuna Bank

Shahjalal Islamic Bank

Pubali Bank Ltd.

Mercantile bank ltd.

South East Bank Ltd.

One Bank Ltd.

 BASIC Bank Ltd.

Micro Credit Program 2012-13 (At a Glance)

Number of group- 346

Number of branch- 06

Loan disburse (cumulative) -263241000

Number of member-5165

Savings balance-12588252

Number of borrower- 2595

Loan outstanding-232108319

Recovery Rate- 99.02

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