News
VASHA Foundation has started activities in the Barapol area of Chattogram.
Donate Now!
Menu

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

FYMembers Enrolled Number of Borrowers Loan Outstanding (BDT) 
March’202332173039 72,273,423
2021-20222660220661,685,695
2020-20212175171852,827,436
2019-20202378183451,651,713
2018-20192108231542,026,460
2017-20182014193528,991,581
2016-20171667161616,398,001
2015-20161499135711,765,588
2014-2015128511749,580,123
2013-2014127111308,902,306
2012-2013126410857,837,427
2011-2012130111205,375,375
2010-20111439107057,34,958
2009-20102152108045,75,289
2008-2009194895243,64,446
2007-200888021312,21,800
2006-20075411354,76,000
2005-2006147231,33,200

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.
Translate »