GROUP A

GROUP A

Micro Finance Program

Project Proposal

01. Name of the Project : Poverty Alleviation Through Integrated Micro

Finance Program.

02. Duration of the Project : 1(One) year.

03.. Project Description

A. Objectives

a) Broad Objectives To eradicate Poverty

b) Specific Objectives i) To create income generating activities

ii) To create self-employment opportunity

iii) To facilitate self- capital formation

iv) To develop skill

v) To raise socio~religio-health awareness.

B. Target Group : Landless – asset-less i.e. poor- whose land

holdings do not exceed 1.00 acre, whose

income is less then expenditure on basic needs.

C. Components of the Program a) Organisation building or group formation : Ten-member (from ten different families) groups are formed. Male and female groups are formed separately. Each group meets once a week under the supervision of our field worker.

b) Awareness raising : Through weekly meetings and other programs religious, moral, educational, environmental and health awareness are raised

c) Self-saving program : Every group member has to save at least taka five per week. Through this action group members can form their own capital within a couple of years .

e) Training Skill of group members are development or improved through various training program.

f) Counselling : To advice or guide the group members in on, income generation activities, development, education, health etc.

g) Micro capital support : After the six - month satisfactory group activities a small capital support is given in a specific income generation project run by them individually or collectively.

D. Targeted No. of beneficiaries: 200 families E. Capital Support

Per Capita financing : Tk. 4,000/-(Average)
Total amount : Tk. 8,00,000/.

F. Mode of finance Bai-Muajjal (Credit- Sales System)

G. Recovery System :-Through 50 equal instalments.

H. Prospective list of income generating activities to be financed i) Cow rearing ii) Goat rearing iii) Poultry iv) Small trading

v) Richshaw and Van driving

vi) Sewing and tailoring

vii) Boat driving

viii) Handicrafts

ix) Bamboo & wood products

Agriculture etc.

04. Project Inputs & Cost:

i) Field Office - 1 Rent: Tk. 500 x 12 = Tk. 6,000/-

ii) Personnel - 4 Salary

P.O. - 1 Tk. 3,OOO x l x 12= Tk. 36,OOO/-

AC - 1 Tk. 2,500 x l x 12= Tk. 30,OOO/-

FW - 2 Tk. 1,500 x 2 x 12 = Tk. 36,000/-

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Tk. 1,02,000/-

iii) Training Cost

a) Motivational : 2 Tk. 2,000 x2 = Tk. 4,000/-

b) Workshop : 2 Tk. 1,000 x2 = Tk. 2,000/-

c) Staff training : 1 Tk. 2,000 x1 = Tk. 2,000/-

d) Skill development 1 Tk. 2,000 x1= Tk. 2,000/-

e) Socio-religlo-health

awareness training 1 Tk. 2,000 xl = Tk. 2,000/-

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Tk. 1,2000/

O5. Estimated Cost:

Micro Capital Support Tk. 8,00,000/-

Salaries Tk. 1,02,000/-

Rent Tk. 6,000/-

Training Tk. 12,000/-

Conveyances Tk. 12,000/-

Stationary and Printing Tk. 4,800/-

Miscellaneous Tk. 1,200/-

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Tk 9,38,000/-

06. Financing Arrangement

i) Project Aid (by Donor) Tk. 8,00,000/-

ii) Anticipated Profit as service charge Tk. 1,38,000/-

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Total Tk. 9,38,000/-

07. Output i) 200 families will be directly benefited through income generating activities.

A good number of beneficiaries will be the owner of income generating tools

like rickshaw, van, sewing machine, boats etc. iii) They will learn at least to sign their names. iv) Socio-religio-healh awareness of the beneficiaries will be raised.
Brief Report of the Group

Upto August 1998

1. Total Investment Tk. 16,41,000/-

Investment In Poverty Alleviation Tk. 1,00,000/-

(as Revolving Fund) 3. i) Total Members : 890

ii) No. of Beneficiaries : 567

iii)Waiting for Capital Support : 323

4. Sectors/projects financed: i) Small trading : 193

ii) Cattle rearing : 122

iii) Agriculture : 128

iv) Rickshaw : 37

v) Fishing/Fishing net : 11

vi) Sewing machine : 06

vii) Poultry : 03

viii) Boats : 16

ix) Housing : 51

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