STEP
 Step Towards Empowerment of the Poor
Micro Credit Program

Project Location :

District

Name of Upazila/Thana

No. of  Union

No. of  Village

Manikganj

Ghior

Daulatpur

Harirampur

Manikganj

Shaturia

25

235

Tangail

Nagarpur

5

80

Dhaka

Dhamrai

5

45

TOTAL= 3

                 7

35

360

Beneficiary Group: Poor, Ultra poor, lower middle class and compassion class of the community. Mainly female member of the community is direct beneficiary.

Objective:

STEP has been considering “Samity” as “Group.” There may be small group and large groups; size ranges are from 12 to 50 (even more).  Members in one group depending on the nature of the area and density of peoples. At present STEP have 610 Savings groups with 7260 members. STEP calls them micro credit group (khodra rin samity). The main thrust of these group members is to deposit savings and receive credit from the organization. Whose main trusts are to struggle for establish rights in the society along with accumulation small savings.

Important data:

Sl. No.

Particulars

Position June 30, 2013

Remarks

01

No. of groups

610

 

02

No. of member

7260

 

03

No. of loaner

5640

 

04

Accumulated members savings

13110090

 

05

Outstanding at field

37537850

 

06

Over due Loan amount

3264163

 

07

Interest rate

14.30%

 

08

Compensation given

89418

 

09

Disbursement this year

59224000

 

10

Realization

54301969

 

11

Interest earned by this year

7765182