Microfinance Program Details

DSK has a vision to make Bangladesh a poverty free country through providing financial service to the poor and the poorest. Following this vision, it started its microfinance activity back in 1992. DSK is one of the twentieth MFI in Bangladesh (CDF directory). At present, microfinance activity is being implemented in urban areas such as Dhaka, Khulna and Chittagong cities and the rural areas are Gazipur, Netrokona, Kishoreganj, Narayanganj, Narshingdi, Sunamgonj, Mymensing, Jessore and Munshiganj districts.

Branches Reached Borrowers Reached Members Reached Areas Staff
147 215640 264566 35 Upazilas of 12 districts and 5 metropolis 1279 staff including 757 field officers

 

The objective of this program is “To improve the social, economic and living standards of the poor people and connect them to the mainstream of the country’s economy”.

Microfinance Products

DSK has developed need-based microfinance products to meet the demand of most vulnerable poor who require additional support to develop the skill for self-employment in order to come out of abject poverty. The products of DSK Micro Finance are as mentioned below:

  • Buniad (microfinance for Extreme Poor; basic starting loan)
  • Jagaran (microfinance for Marginal poor in urban and rural areas; advanced microenterprise)
  • Agrasor (Financing Micro Enterprises)
  • Sufalon (Financing Agriculture loans)
  • SDL/WILL (Sanitation/ WASH Development Loan)
  • ENRICH-IGA (Financing Income generating activities of ENRICH enlisted members)
  • SAHOS (Financial support for the disaster victims)

An Overview of Loan Activities at a Glance (June 30, 2019 to June 30, 2020)

 

Sl Indicator 30 June 2019 30 June 2020 Increase/ Decrease
1 District 12 12
2 No. of Branch 132 147 15
3 Total staff 1150 1279 129
4 Field officer 684 757 73
5 No. of Members 2,47,177 2,64,566 ↑ 17,389
6 No. of Borrowers 2,00,940 2,15,641 ↑ 14,701
7 Loan disburse (for the year) 999,47,65,000 909,22,23,000 ↓ 90,25,42,000
8 Loan recovery 927,88,27,791 832,25,70,147 ↓ 95,62,57,644
9 Loan outstanding 555,43,27,634 627,99,93,013 ↑ 72,56,65,379v
10 Savings Outstanding 216,08,06,503 258,26,25,700 ↑ 42,18,19,198
11 Service charge realize 118,56,06,613 105,90,19,631 ↓ 12,65,86,982
12 Surplus (for the year) 118,56,06,613 105,90,19,631 ↓ 12,65,86,982
13 Equity 153,44,62,723 1,63,34,99,844 ↑9,90,37,121
14 PKSF & Bank loan outstanding 222,43,18,881 2,26,56,87,734 ↑ 4,13,68,853
15 PKSF Loan outstanding 77,34,33,334 78,46,66,666 ↑ 1,12,33,332
16 Bank loan outstanding 145,08,85,547 1,48,10,21,068 ↑ 3,01,35,521
17 Total Default loan 31,65,29,094 33,89,08,822 ↑ 2,23,79,728
18 Default loan increase (for the year) 7,93,58,047 2,23,79,728
19 Write off (This year) 3,19,00,000 4,39,04,064 ↑ 1,20,04,064
20 Write off (Cumulative) 21,45,83,193 25,84,87,257 ↑ 4,39,04,064
21 LLP 33,96,07,148 37,70,98,028 ↑ 3,74,90,880
22 Insurance fund 18,88,96,177 21,11,09,344v ↑2,22,13,167
23 Cumulative loan disburse 5429,03,98,000 6338,26,21,000 ↑909,22,23,000
24 Cumulative loan realize 4873,60,70,366 5705,86,40,513 ↑832,25,70,147
25 Cumulative Service charge realize 622,26,01,494 728,16,21,125 ↑105,90,19,631
26 Total FDR 57,56,60,324 59,57,28,407 ↑ 2,00,68,083
27 Field officer: Member 1 : 373 1 : 349 ↓ 24
28 Field officer: Borrower 1 : 304 1 : 285 ↓ 19
29 Savings: Loan outstanding 38.92% 41.12% ↑2.2