Credit Support Programme (CSP)

Duration: 01.01.1994 to ongoing.

Objective:

Reduce poverty and change livelihoods of the target beneficiaries through sustainable employment generation and economic empowerment.

Components:

There are seven components under MFP, which are-I. BUNIAD II. JAGORON III. AGROSOR IV. SUFOLON V. KGF (SUFOLON) VI. SAHOS, VII. ENRICH and VIII. LIFT (Land Lease for Ultra Poor). Each component has its different loan ceiling with own characteristics.

Major activities:

Baseline survey, facilitate grass-root organization (somittee) building, awareness raising, training, savings building, credit operation and marketing assistance.

Operational units:

Division Office: 02, Zonal Offices: 05, Area Offices- 20 and Branch Offices- 111.

Achievements :

1,40,116 beneficiaries now enrolled in 5,556 Somittees (groups), of which about 98% are female. The principal loan outstanding Tk. 573.92 (Crore) with 1,13,274 borrowers and the savings outstanding is Tk.163.85 (Crore)

Partnership with PKSF : Since 10.08.2005.

MRA Registration:

NDP obtain MRA registration on 29.04.2008, vide # 0122900332-00222.

Accountability:

‘MFP Citizen Charter’

containing relevant information on MFP services has posted in different public places including office premises for public visibility.

Matching of SDG :

SDG-1 : End poverty in all its forms everywhere and SDG-2 : End hunger, achieve food security and improve nutrition and promote sustainable agriculture. SDG-5 : Achieve gender equality and empower all women and girls.

Source of fund: Palli Karmo-Sahayak Foundation (PKSF) is the main donor. Besides, the group savings, Bank Loan and organization’s own fund is also utilized in credit operation.