Low Income Community Housing Support Programme(LICHSP)
Duration: 15.02.2017 to ongoing
Objective: To improve living conditions in selected low income and informal settlement in designated municipalities in Bangladdesh.
Loan Purpose: House improvement/renovation, House extension, House construction.
Loan Features: Loan Tenure maximum 5 years, loan size maximum 4 lac, annual service charge 12% (decline balance method), installment payable by monthly, number of installment maximum 60, installment type EMI(prin+SC).
Implementation process: This is a pilot project of Sirajganj Pourosova. Implementing with the assistance of PKSF.
Achievements till June 2018: Tk. 2.37 crore disbursed among 83 borrowers and ensured 83 houses renovation, extension and construction.
Source of fund: World Bank throgh PKSF.