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VASHA Foundation has started activities in the Barapol area of Chattogram.
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Microcredit Program

  • Name of the Program: ‘VASHA Foundation Microcredit Program.’
  • Implementer: Voluntary Activities for Social & Human Advancement (VASHA) Foundation.
  • Stakeholders: VASHA Foundation,  Midas Financing Limited.
  • Starting Date : 26th August, 2005.
  • Present Status: Ongoing.
  • Period: Continuing.

Activities under the Program:

  1. Microcredit in Rural Area.
  2. Microcredit in Urban Area.
  3. Microcredit for Small  & Medium Entrepreneurs.
  4. Microcredit for Poor & Ultra poor.
  5. Microcredit for  Disaster Confrontation.
  6. Microcredit for Education & Training.
  7. Microcredit for Housing.
  8. Microcredit for Transportation.
  9. Microcredit for Manpower Export.
  10. Microcredit for Food & Nutrition.
  11. Microcredit for Health & Treatment.
  12. Microcredit for Cottage & Handicrafts.
  13. Collection of small savings from the beneficiaries.

Category of Loan:

  1. General Microcredit (MC)
  2. Micro Enterprise (ME)
  3. Ultra Poor & Poor (UPP)
  4. Others

Every Category has the following Sub-Category

  1. Agriculture
  2. Livestock
  3. Fisheries
  4. Processing & Manufacturing
  5. Trading
  6. Cottage & handicrafts
  7. Others

Target Groups

  1. Rural Poor and Ultra Poor Community.
  2. Urban Poor and Ultra Poor Community.
  3. Indigent People.
  4. Young Man & Woman of any area inside Bangladesh.
  5. Physically Disabled People.
  6. Underprivileged Community.
  7. Retrenched Garments Worker.
  8. Slum Dweller.
  9. Disaster Affected People.
  10. Fisherman.
  11. Hermaphrodite.
  12. Daily Laborers.
  13. Farmers.

Objectives:        

  1. To make Poor and Ultra Poor community financially solvent.
  2. To make unemployed youth self-employed.
  3. To make landless and worthless community economically solvent.
  4. To help trained people in creating employment by providing financial support.
  5. To assist in and develop the agro-sector.
  6. To inspire beneficiaries in savings and hence collect small savings.
  7. To make groups with beneficiaries.
  8. To help and inspire beneficiaries in establishing small and cottage industry.
  9.  To help and inspire beneficiaries in handicrafts.
  10. To improve gender issues by making women self-dependent and solvent.
  11. To assist and inspire the uneducated community in education.
  12. To improve the living of slum-dwellers.
  13. To make physically disabled people self-dependent.

Microcredit Information:

  • Date of commence:
  • Number of  beneficiary members enrolled:
  • Number of active beneficiary members:
  • Accumulated number of  loan recipients:
  • Present number of  loan Recipients :
  • Accumulated Microcredit Disbursement in Taka:
  • Present Outstanding in Taka:

Loan Performance of VASHA Foundation

FY Members Enrolled  Number of Borrowers  Loan Outstanding (BDT) 
2024-2025 4390 3984 9,90,12,304
2023-2024 3532 3372  799,13,825
2022-2023 3409 3258  752,03,982
March’2023 3217 3039  72,273,423
2021-2022 2660 2206 61,685,695
2020-2021 2175 1718 52,827,436
2019-2020 2378 1834 51,651,713
2018-2019 2108 2315 42,026,460
2017-2018 2014 1935 28,991,581
2016-2017 1667 1616 16,398,001
2015-2016 1499 1357 11,765,588
2014-2015 1285 1174 9,580,123
2013-2014 1271 1130 8,902,306
2012-2013 1264 1085 7,837,427
2011-2012 1301 1120 5,375,375
2010-2011 1439 1070 57,34,958
2009-2010 2152 1080 45,75,289
2008-2009 1948 952 43,64,446
2007-2008 880 213 12,21,800
2006-2007 541 135 4,76,000
2005-2006 147 23 1,33,200

Geographical Coverage: Chattogram District.

Coverage area:

  • Ward # 01, Union # 10, Vatiari, Sitakundu, Chattogram.
  • Ward # 02, Union # 10, Fouzdarhat, Uttar  Solimpur, Sitakundu, Chattogram.
  • Ward # 01, Union # 10, Vatiari, Sitakundu, Chattogram.
  • Ward # 02, Union # 10, Fouzdarhat, Uttar  Solimpur, Sitakundu, Chattogram.
  • Ward # 03, Union # 10, Foujdarhat Jelabari, Uttar  Solimpur, Sitakundu, Chattogram.
  • Ward # 06, Union # 10, Moddom Solimpur, Sitakundu, Chattogram.
  • Ward # 08, Union # 10,  Latifpur, Sitakundu, Chattogram.
  • Ward # 09, Union # 10,  Latifpur, Sitakundu, Chattogram.
  • Ward # 10, Union # 10, Uttar Kattoli, Moddom Solimpur, Sitakundu, Chattogram.
  • Ward # 07, Union # 07, Kumira, Sitakundu, Chattogram.
  • Ward # 04, Union # 07, Kumira, Sitakundu, Chattogram.
  • Ward # 05, Union # 07, Kumira, Sitakundu, Chattogram.
  • Ward # 07, Union # 08,  Kumira, Sitakundu, Chattogram.
  • Ward # 09, Khulsi, Chattogram City Corporation, Chattogram.
  • Ward # 10, Uttar Kattoli, Chattogram City Corporation, Chattogram.
  • Ward #11, Pahartali,  Chattogram City Corporation, Chattogram.
  • Ward #12, Pahartali,  Chattogram City Corporation, Chattogram.
  • Ward #26, Halishohor,  Chattogram City Corporation, Chattogram.
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