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
155 230435 276919 35 Upazilas of 12 districts and 5 metropolis 1345 staff including 777 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, 2020 to June 30, 2021, Taka in Crore)

 

Sl Indicator 30 June 2020 30 June 2021 Increase/ Decrease
1 District 12 12
2 No. of Branch 147 155 8
3 Total staff 1279 1345 66
4 Field officer 757 777 20
5 No. of Members 2,64,566 2,76,919 ↑12,353
6 No. of Borrowers 2,15,641 2,30,435 ↑14,794
7 Loan disburse (for the year) 909.22 1047.32 ↑ 165.10
8 Loan recovery 832.25 1028.97 ↑ 196.72
9 Loan outstanding 627.99 663.62 ↑ 35.63
10 Savings Outstanding 258.26 268.99 ↑ 10.73
11 Service charge realize 105.90 135.77 ↑ 29.87
12 Surplus (for the year) 10.75 28.13 ↑ 17.38
13 Equity 163.01 187.87 ↑24.86
14 PKSF & Bank loan outstanding 226.56 362.46 ↑ 135.90
15 PKSF Loan outstanding 78.46 107.26 ↑ 28.80
16 Bank loan outstanding 148.10 255.20 ↑ 107.10
17 Total Default loan 33.89 81.25 ↑ 47.37
18 Default loan increase (for the year) 6.63 57.06 ↑ 50.43
19 Write off (This year) 4.39 9.69 ↑ 5.30
20 Write off (Cumulative) 21.96 31.65 ↑ 9.69
21 LLP 37.70 38.36 ↑ 0.66
22 Risk fund 21.11 24.40 ↑ 3.29
23 Cumulative loan disburse 6,338 7,413 ↑ 1074.32
24 Cumulative loan realize 5705 6749 ↑ 1027.97
25 Cumulative Service charge realize 728 863.93 ↑ 135.77
26 Total FDR 59.57 91.95 ↑ 32.38
27 Field officer: Member 1 : 349 1:365 ↑ 07
28 Field officer: Borrower 1 : 285 1:297 ↑ 12
29 Savings: Loan outstanding 41.12% 40.57 ↓ 0.55%