Savings programme is naturally linked with credit program. It is also observed that generation of savings from the members is vital in order to make the organization self-reliant. Besides members savings, PP collected donation from local community leaders. This is considered also as a tool for increasing community participation in the project.
PP started credit activities from July 1999. The main reason for introducing credit programme among the skill trainees was for utilizing their newly acquired skill as well as for supporting their family income. Under the CSP no fund was available for credit programme. PP generated fund through savings of their members, collection of donations from local elites and other organizations. CDS, a national NGO provided a donation of taka 3 lacs to PP.
|Credit Status||(July 1999 To December 2007)|
|Loan distribution||Taka 3,73,50,128.00|
|Loan realized||Taka 3,19,53,754.00|
|Loan Sr-Charged||Taka 46,66,407.00|
|Loan Outstanding||Taka 73,01,074.00|
|No. of Loanee||5459 (M-845. F-4614.)|
|Percentage of Realization||96%|
|Savings Status||(July 1999 to December 2007)|
|Savings deposit||Taka 1,31,36,904.00|
|Savings withdrawal||Taka 94,63,078.00|
|Balance 31Decemeber 2007||Taka 36,73,826.00|
PP owns a restaurant in the old building which is rented out to a local person.
PP owns a beauty parlour which is run by two ex-students of PP.
PP has a computer centre which offers paid courses on basic computer literacy to the local youths.
PP has a mobile phone call centre to provide service to the community people.