1.3. Financial Services for the Poorest:
Project Implementation Area: Mirzapur Sadar under Tangail District
Funding Partner: Palli Karma Sahayak Foundation
Project Duration: From 2004 to Till Now
Financial Services of the Poorest is an innovative microfinance project of Palli Karma Shahayak Foundation which is aimed at helping the poor, landless and assetless to have access to resources for productive undertakings, employment and the enhancement of their quality of life. PKSF is not only helping the poor but also the NGOs which is instrumental in reaching out to these landless and assetless people. PKSF is assisting BASA in the form of financial support, institutional building, advisory and training. BASA has provided credit to 3472 beneficiaries out of 3782 applicants. Beneficiaries are involved in different income generating activities which have provided them regular source of income thereby securing livelihoods for their families. So far,TK 5,53,58,500 is disbursed and recovery rate is 99.24%.