Slum poor women build around Tk 9.50 cr as savings in Rajshahi city

GOURIPUR(Mymensingh): Former State Minister for Health and Family Welfare freedom fighter Dr. Capt. (Retd) Alhajj Mujibur Rahman Fakir MP, placing wreaths on the Shaheed Harun monument at Harun Park in Gouripur upazila on Tuesday.
GOURIPUR(Mymensingh): Former State Minister for Health and Family Welfare freedom fighter Dr. Capt. (Retd) Alhajj Mujibur Rahman Fakir MP, placing wreaths on the Shaheed Harun monument at Harun Park in Gouripur upazila on Tuesday.
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BSS, Rajshahi :
Around 34,000 poor and extreme poor women in the city’s slum and underprivileged communities have founded around Taka 9.50 crore as savings with their own efforts of freeing themselves from poverty and hunger, community people and other officials concerned said.
Against the savings, some 4,500 women received collateral-free loan for addressing their emergency family needs through operating diversified income-generation activities like small business.
Total credit figure is around Taka 42.25 crore till December last. However, recovery rate of the disbursed loan is hundred percent.
In every week, each member deposit Taka 10 to 30 as savings and receive loan amounting Taka 5,000 to 50,000 from their deposits at the rate of 15 percent service charge. From the service charge, around Taka four crore were disbursed among the beneficiaries for more moneymaking activities.
Ummaton Begum, 38, who leads her four-member family in Gangpara community, has become a successful grocery shop owner. She pays monthly installment of Taka 7,350 against her credit of Taka 70,000 regularly through operating her shop.
At present, Jahanara of the same community becomes owner of two auto-rickshaws that enables her to come out from the vicious cycle of poverty. Selina and Sonabhan also stated similar type of stories. Taka 7.78 lakh were disbursed among 223 members under Firojabad community till April last, said Sabera Yeasmin, a community leader.
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