Micro-Finance program of SDC:
Micro-Finance program is the core of all programs/projects operated by SDC. This program is operated through 93 branches in 15 districts.
Jagoron (Rural Micro Credits)
Credit program is the major and core program of SDC and from the very beginning it launched this program in small scale subsequently it received credit support from Palli Karma Sahayok Foundation (PKSF) in 1992. Since then, SDC has gradually expanded this program in view of absolutely alleviating the poverty of the rural poor and hard-core poor through resorting diversified small projects such as small business, nurseries, animal rearing, paddy husking, fish cultivation, bakery etc. The beneficiaries especially women are being empowered socially and financially through implementation of different IGA after receiving credit support. Now the total borrower is 61780 and loan outstanding is Tk. 189.43 Crore.
Agrosor (Micro-enterprise Program- MDP, SEP, MDP-AF, SEP Common service)
Contemplating as a crucial program SDC has been implementing micro-enterprise program with technical and financial support of PKSF since 2004. Before this, SDC had operated this program in small scale among the advanced members of existing groups whose dealings was observed as good and who had also essential financial support in large scale for properly continuing their enterprises by its own initiative. After close observation and evaluation PKSF has given an approval to carry out this program and been providing financial support for commensurate implementation of this program. Now the total borrower is 18861 and loan outstanding is Tk. 288.11 core
Sufolon (Seasonal & Agriculture-Sector Loan, Beef fattening)
SDC has been implementing the seasonal & Agriculture-sector loan program since September 2006 through the financial support of PKSF in a befitting manner. Through this program installment is being collected at a time after certain duration of 6 month. Loan duration is being calculated on the basis of crops duration. Presently there are 15533 thousand borrowers in this program and outstanding of them is 62.30 core Tk.
Buniad (Ultra Poor Micro-Credit Program)
With the collaboration and financial support of PKSF, SDC has been executing the ultra-poor micro-credit program since 2005. The main thrust of the program is to bring the ultra-poor people under micro- credit program and to develop their livelihood status through implementation of different need-based income-generating activities. SDC is administering the ultra-poor micro-credit program in a befitting manner and with much reputation following a modified and specific credit policy. Special monitoring and follow up is being done in view of quality implementation of the program. Now the total borrower is 3104 and loan outstanding is Tk. 3.01 core.
ENRICH (ENRICH-IGA, ENRICH-LI, ENRICH-AC, LEPIG, IGA- 6M)
With the collaboration and financial support of PKSF, SDC has been executing the ENRICH credit program since 2012. The main objective of the program is to bring the beneficiaries of the project under categorical (ENRICH-IGA, ENRICH-LI, ENRICH-AC) credit and technical support to uplift their living status to develop their livelihood. Now the total borrower is 2271 and loan outstanding is Tk.9.71 core.
LRLP (PKSF and NCC)
This loan product is firstly introduced to restore and reinstallation of the livelihood of COVID-19 effected poor sector of our country. Number of borrower is 1774 and loan outstanding is 5.47 crore.
Water Supply & Sanitation (WSS)
SDC has been operating “WSS loan” as a component of its micro-finance program with financial and technical assistance of PKSF since 2021.The principal objective of this intervention is to support existing and outreach beneficiaries for improving access to safe water resources, water supply, personal hygiene and healthy sanitation. Presently total borrower is 12675 and loan outstanding is BDT20.55 crore.
Loan for Elderly People’s Income Generation (LEPIG)
This custom-tailored loan product is formulated by PKSF. SDC has introduced and been operating “LEPIG Loan” as a component of its micro-finance program with financial and technical assistance of PKSF since 2022 at field level. This product is specially tailored for competent elders to assist their income generation. Presently total borrower is 35 and loan outstanding is BDT0.05 crore.