Microfinance

Microfinance Program

ASPADA has been operating a microfinance program since March, 1993 with a view to improve a savings tradition among the beneficiaries. This program was designed to achieve socio-economic development through individual savings and alternative income generating activities. To serve this purpose the members of the microfinance program are entitled to loans with flexible repayment facilities as per microcredit regulatory authority rules and regulations 2008. Currently we have nearly 66000 microfinance beneficiaries in 3300 groups.

AT A GLANCE

OUTREACH WITH GENDER DIMENSION

Particulars	Year-2012-13	Year-2013-14	Year-2014-15	Year-2015-16
Village covered	1423	1423	1423	1423
Union covered	223	223	223	223
Upazila (sub district) covered	12	12	12	12
District covered	3	3	3	3
Total MF group members	47484	51912	51744	59003
Percentage of Female group members	90%	91%	87%	90%
Total MF groups	3393	3366	3366	3054
Percentage of female MF groups	88%	89%	89%	89%
Total borrowers	38712	38296	35936	42694
Female borrowers	35290	35819	30532	38628
Male borrowers	3422	3477	5404	4066
Percentage of female borrowers	91%	91%	85%	90%
Loan Outstanding	477949478	510644014	557704993	741470404

CREDIT DISBURSEMENT AND RECOVERY (Amount in Million Taka)

Particulars	Year-2013	Year-2014	Year-2015	Year-2016
Total Credit Disbursement (cumulative)	5812428119	6763813119	7838439119	9222254119
Total Credit Realized (P+S. charge)	5334115143	6252805607	7280370628	8480783715
Total Outstanding (principal)	477949478	510644014	557704993	741470404
Total credit disbursement (year)	851859363	951385000	1074626000	1383815000
Total credit recovery (Year)	857096147	918690464	1027565021	1176691275
Credit recovery service charge	112406715	125737777	147910491	167095687
Rate of recovery (%)	91.86	99.40	99.43	99.80