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Saturday, October 08, 2005

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METRO & COUNTRY
 
BRDB disburses Tk 535m loan in Chittagong
10/8/2005
 

          CHITTAGONG, Oct 7 (BSS): Bangladesh Rural Development Board (BRDB), encouraged by the loan recovery rate in past four years, has brought in a huge number of low-income people, including many women, under several types of its loan disbursement schemes in the districts.
BRDB officials here said they are trying to achieve the goal of the organisation to change the condition of poor people by providing them with soft-term loans under various types of micro credit programmes in the district since October 2001.
During the period, the BRDB disbursed about taka 53,51,93,000 as loan among 52,624 people of middle and low-income groups including 38,422 females of the district under its several on-going micro-credit schemes.
During the same period, the BRDB realised taka 46,58,42,00 loan money with interest from the beneficiaries.
Deputy Director of BRDB Shahidul Islam said the loan distribution programme will help in poverty alleviation of the poor and make them self-reliant economically.
Expressing the satisfaction over the situation in loan recovery, Shaidul Islam said the rate is 97 percent which is very encouraging for a public organisation.
He said the beneficiaries were able to return money in due time as they invested the loan-money in suitable sectors.
According to BRDB, different micro-credit programmes launched by the BRDB with soft interest rates are gaining popularity among the marginal and low-income groups in the remote areas and making a significant contribution to generate self-employment opportunities.
The BRD is implementing eight projects in 14 upazilas as well as Chittagong city areas.
The projects are: Abortak loan programme, rural progress project, project for the development of small farmers, poverty alleviation programme for women through self- employment, rural poverty alleviation programme, insolvent freedom fighter allowance and training and self-employment programme for their dependants, comprehensive female development programme and rural livelihood project.

 

 
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