Mahbubur Rahman Bulbul :
In Bangladesh and internationally surrounding to removing poverty and as its enhancing assistance ASA is important in present World. ASA is a very familiar words that synonym ‘Hope.’ But ASA (Association for Social Advancement) starting year 1978 from District: Manikgonj, Police Station: Shibaloy, Place: Tapra expressed as National Non-Governmental
Organisation.
Gradually step-by-step today 2015 AD reached and have created one revolution by Micro Finance in internationally. ASA and its micro finance program related having view of
parallel or opposite in the country and abroad. On above this, this word is proved that, internationally surrounding to removing poverty and as it’s enhancing assistance of ASA has
been excellently recognised.
‘Poverty’ is a correlative word. More or less poor and reach prevail of this world. From this world the poverty is not possible completely eradicate. In develop countries such as America, Britain, French, Russia, Norway, Switzerland, Japan, and German with all of countries having less or more poor people but by place, time poverty having deferent type. To upgrade eradication of poverty they have been
taken lot of development programs. From them micro finance program one of them, that has been proved and recognised in the whole World.
It is the process that exit from
banking system circle small and medium value’s loan has been giving to ‘targeted population’ that has been playing vital role and giving assistance to eradication of poverty.
The collection rate of loan better than any commercial bank of Bangladesh or others bank in the World and collection rate is
approximately 100 per cent.
In micro finance system Dr Mohammad Younus name is fully interrelated. That we cannot deny at any condition. Micro finance is institutional subject and Dr Mohammad Younus is a
person. But it is sorrowful subject that, in the country and outside of the country to remark about personal
situation of Dr Younus explain that condition of micro finance program is miserable that has been attack on micro finance. This is not hopeful. Because one of the issue that, the only one subject ‘Micro Finance’
programme and Dr Younus brings most honourable prize ‘Noble Peace Prize’ which is most honourable for Bangladesh. That before in Bangladesh no one can achieve and next future may or may not be achieve that is doubtful. Now may be arisen different question about micro finance program. For the cause of higher rate of interest that cause create problem
to pay instalment for poverty suffering people. That’s why we should be make a board with the intellectuals and can be think elaborately. Here I personally agree with this matter.
Mentioned that, to monitoring micro credit program in Bangladesh has been construct Micro Credit
Regulatory Authority (MRO) by this organization monitoring and supervise of interest rate, savings, and worker administration with all kinds of
corruption and rule and regulation. For Bangladeshi micro finance service providers obliged to NGO’s Regulatory Authority’s rule and regulation. Beside this under micro credit Program to entirely performing by Bangladesh Government has been build Polli
Kormo Sohayok Foundation (PKSF). Where appointed Former Bangladesh Bank’s Governor and Internationally famous economist. From them Professor Dr Rehman
Sobhan, Professor Dr Wahid Uddin Mahmud, Former Governor of Bangladesh central Bank and Chief Advisor of Caretaker Government Dr Fakhruddin Ahmed, Former Governor Dr Saleh Uddin Ahmed, famous
economist Dr Khlekuzzaman,
former advisor to the Caretaker Government Dr Hossain Zillur Rahman, Bangladesh Bank’s Governor Dr Atiar Rahman with others prominent economist has been playing great role to proper administration. Here having no doubt in micro credit system has been controlling by Bangladesh
government very systematic way.
But very sorrowful matter that, some politician and some professional persons by understanding or not understanding they have been
criticising of micro credit programme. For this cause it works as hindrance for advancement of eradication of poverty and that become as controversial project. For this reason programme become sloth. Now having question that, the micro credit project is not eradicate poverty by this poor make poorer so why the government help PKSF and MRO? And why not stop the program? Yes, it is true as daylight, the government cannot stop micro credit programme, because this decision is self-attacking. If micro credit program having some fault but for financial running flow of the economy especially our village’s lower level people as poverty stricken women of the village capable to sent money. Those are positive side of our
countries economic development.
This word from the people that rate of interest is high. The word is true. But entirely calculation should be express reasonable information. Because interest rate fixed by PKSF and MRO. That’s why the NGOs are not solely responsible for interest rate. Besides this if we compare with
governmental non-governmental bank and micro finance organisation’s rate of receiving of lone where having big difference. Where micro finance organisation’s receiving rate is almost hundred percent. But in commercial bank’s position is very shameful.
Micro finance organisation’s remarkable side is where every class’s people easily can get loan without deposit but in modern banking is not so easy. So, how to micro finance system can be make modern, strong and adoptable for those reason I have presented following prescription.
1) If truly the interest rate having high for this should be form strong committee with prominent economist and fixed flexible interest rate for not create controversy after future.
2) On loan receivers deposited
money increase interest rate.
3) In the meeting of loan receivers group meeting that monitoring proper respect by worker.
4) Justify the loan money’s expense sector is proper way or not.
5) Provide proper training to
loan receivers.
6) Tendency of loan receivers that one’s more organisations loan
receiving. That’s why the poor loan receiver’s fall in hardship to pay
instalment this problem has been reached in high degree.
7) By supervision of Bangladesh Bank should be clearly inspection of financing organisation’s financial
corruption and recognise this
corruption and should be take
necessary steps and ensure
accountability to the people.
8) Should be ensuring of organisation’s workers living value.
9) From high level to in field level worker’s salary and others advantage should be according to rule
of government.
10) Should be stop tyranny on field level workers and ensure friendly working atmosphere. Where reflex
of International labour law.
Here we will take a glance in the micro credit-performing organisation. ASA, BRAC, Grameen Bank, TMSS, BURO Bangladesh, Jagoroni Chokro, Podokkhep Bangladesh with others MFI organisation has been playing vital role to run micro credit program. I cannot finish of their magnitude in my writing. From them ASA is not member of PKSF and others all are member of PKSF. It is deferent that ASA is not member of PKSF and only it has been expresses and established as 100 per cent self-reliant by couple of years. Of Bangladesh three MFI has been exceeded Bangladesh territory and has been successfully working of third world’s developing countries. ASA, BRAC, Grameen Bank remarkable of them. As a former officer of ASA if want to express some information regarding success of this country and in abroad, as officer of ASA I have long term working experience in Philippine prominent as fertile land of micro credit, where I got opportunity work in CARD (Centre for Agricultural and Rural Development) Bank is the largest micro credit oriental organisation non-governmental bank as
International consultant. This great internally experience may be work as pioneer of my life. But especially
mention the name of honorable person internally famous personality micro credit consultant and successful president of ASA-Bangladesh Shafiqul Haque Chowdhury’s name. For the assistance of him as a junior officer in ASA and exceeding the country I have opportunity to work in Philippine’s largest micro credit oriental organisation non-governmental bank CARD (Centre for Agricultural and Rural Development) Bank for this reason remain love from my heart. Now ASA has been working about more than 15 countries such as Philippine, Nigeria, Ghana, Shrilanka, Cambodia, India, Pakistan, Afghanistan, Mayanmar with Catalyst Micro Finance Investor (CMI) that is very much admirable. Though Micro finance introduced by Grameen Bank and Dr Mohammad Younus but Shafiqul Haque Chowdhury made this program as modernized and meaningful. That’s why,
ASA has been using of Cost-effective Methodology and in this way make this modernise and meaningful and earned great success. In the working period of Philippine for micro finance I visited lot of province of Island State. I have earned great experience about the country economy, Industrial
Culture and with other sides. Same way I have known from their word.
ASA International has been playing very important role to eradicate poverty in their country. Besides CARD Bank and CARD NGO with joint
venture consultancy service earned highly admired. The Managing
Director of CARD-MRI & Present finance advisor of Philippines Government Jemmi Aristotle B Alip who directly honoured to ASA’s President and obeys as his teacher and they remember with honour for contribution of ASA. Because of direct or
indirect assistance of ASA, CARD- MRI has been established as a largest micro credit and loan provider and they have earned height International award prize ‘Ramón Magsaysay Award.’ Shafiqul Hoque’s main virtue is not pursuit name and fame work to make micro credit as Cost-effective Methodology as a result micro credit program has been converted as Cost-effective in International surrounding. So one arranged program in CARD-MRI of their own building where the president of ASA as mark of honour declared as ‘Honorary Professor.’ In which is respectable for ASA and for Bangladesh. Of Philippine’s Micro Finance Organisations are very much grateful to ASA because of long time high rate Reba’s business of Indian Citizen their economic system make miserable. After that that country’s MFI organisations coming in Bangladesh they visited ASA, BRAC and Grameen Bank Bhaban and pray to assistance and at last the Filipina people escape from 5/6 years long time high rate Reba’s business of
Indian Citizen here ASA has been playing great role. At last, we can advise that not giving mutual guilt we should be search and find out the way how to make Micro Credit Program more agreeable and modernised for removing poverty in this way may be brings
honour and fame for our country. n
In Bangladesh and internationally surrounding to removing poverty and as its enhancing assistance ASA is important in present World. ASA is a very familiar words that synonym ‘Hope.’ But ASA (Association for Social Advancement) starting year 1978 from District: Manikgonj, Police Station: Shibaloy, Place: Tapra expressed as National Non-Governmental
Organisation.
Gradually step-by-step today 2015 AD reached and have created one revolution by Micro Finance in internationally. ASA and its micro finance program related having view of
parallel or opposite in the country and abroad. On above this, this word is proved that, internationally surrounding to removing poverty and as it’s enhancing assistance of ASA has
been excellently recognised.
‘Poverty’ is a correlative word. More or less poor and reach prevail of this world. From this world the poverty is not possible completely eradicate. In develop countries such as America, Britain, French, Russia, Norway, Switzerland, Japan, and German with all of countries having less or more poor people but by place, time poverty having deferent type. To upgrade eradication of poverty they have been
taken lot of development programs. From them micro finance program one of them, that has been proved and recognised in the whole World.
It is the process that exit from
banking system circle small and medium value’s loan has been giving to ‘targeted population’ that has been playing vital role and giving assistance to eradication of poverty.
The collection rate of loan better than any commercial bank of Bangladesh or others bank in the World and collection rate is
approximately 100 per cent.
In micro finance system Dr Mohammad Younus name is fully interrelated. That we cannot deny at any condition. Micro finance is institutional subject and Dr Mohammad Younus is a
person. But it is sorrowful subject that, in the country and outside of the country to remark about personal
situation of Dr Younus explain that condition of micro finance program is miserable that has been attack on micro finance. This is not hopeful. Because one of the issue that, the only one subject ‘Micro Finance’
programme and Dr Younus brings most honourable prize ‘Noble Peace Prize’ which is most honourable for Bangladesh. That before in Bangladesh no one can achieve and next future may or may not be achieve that is doubtful. Now may be arisen different question about micro finance program. For the cause of higher rate of interest that cause create problem
to pay instalment for poverty suffering people. That’s why we should be make a board with the intellectuals and can be think elaborately. Here I personally agree with this matter.
Mentioned that, to monitoring micro credit program in Bangladesh has been construct Micro Credit
Regulatory Authority (MRO) by this organization monitoring and supervise of interest rate, savings, and worker administration with all kinds of
corruption and rule and regulation. For Bangladeshi micro finance service providers obliged to NGO’s Regulatory Authority’s rule and regulation. Beside this under micro credit Program to entirely performing by Bangladesh Government has been build Polli
Kormo Sohayok Foundation (PKSF). Where appointed Former Bangladesh Bank’s Governor and Internationally famous economist. From them Professor Dr Rehman
Sobhan, Professor Dr Wahid Uddin Mahmud, Former Governor of Bangladesh central Bank and Chief Advisor of Caretaker Government Dr Fakhruddin Ahmed, Former Governor Dr Saleh Uddin Ahmed, famous
economist Dr Khlekuzzaman,
former advisor to the Caretaker Government Dr Hossain Zillur Rahman, Bangladesh Bank’s Governor Dr Atiar Rahman with others prominent economist has been playing great role to proper administration. Here having no doubt in micro credit system has been controlling by Bangladesh
government very systematic way.
But very sorrowful matter that, some politician and some professional persons by understanding or not understanding they have been
criticising of micro credit programme. For this cause it works as hindrance for advancement of eradication of poverty and that become as controversial project. For this reason programme become sloth. Now having question that, the micro credit project is not eradicate poverty by this poor make poorer so why the government help PKSF and MRO? And why not stop the program? Yes, it is true as daylight, the government cannot stop micro credit programme, because this decision is self-attacking. If micro credit program having some fault but for financial running flow of the economy especially our village’s lower level people as poverty stricken women of the village capable to sent money. Those are positive side of our
countries economic development.
This word from the people that rate of interest is high. The word is true. But entirely calculation should be express reasonable information. Because interest rate fixed by PKSF and MRO. That’s why the NGOs are not solely responsible for interest rate. Besides this if we compare with
governmental non-governmental bank and micro finance organisation’s rate of receiving of lone where having big difference. Where micro finance organisation’s receiving rate is almost hundred percent. But in commercial bank’s position is very shameful.
Micro finance organisation’s remarkable side is where every class’s people easily can get loan without deposit but in modern banking is not so easy. So, how to micro finance system can be make modern, strong and adoptable for those reason I have presented following prescription.
1) If truly the interest rate having high for this should be form strong committee with prominent economist and fixed flexible interest rate for not create controversy after future.
2) On loan receivers deposited
money increase interest rate.
3) In the meeting of loan receivers group meeting that monitoring proper respect by worker.
4) Justify the loan money’s expense sector is proper way or not.
5) Provide proper training to
loan receivers.
6) Tendency of loan receivers that one’s more organisations loan
receiving. That’s why the poor loan receiver’s fall in hardship to pay
instalment this problem has been reached in high degree.
7) By supervision of Bangladesh Bank should be clearly inspection of financing organisation’s financial
corruption and recognise this
corruption and should be take
necessary steps and ensure
accountability to the people.
8) Should be ensuring of organisation’s workers living value.
9) From high level to in field level worker’s salary and others advantage should be according to rule
of government.
10) Should be stop tyranny on field level workers and ensure friendly working atmosphere. Where reflex
of International labour law.
Here we will take a glance in the micro credit-performing organisation. ASA, BRAC, Grameen Bank, TMSS, BURO Bangladesh, Jagoroni Chokro, Podokkhep Bangladesh with others MFI organisation has been playing vital role to run micro credit program. I cannot finish of their magnitude in my writing. From them ASA is not member of PKSF and others all are member of PKSF. It is deferent that ASA is not member of PKSF and only it has been expresses and established as 100 per cent self-reliant by couple of years. Of Bangladesh three MFI has been exceeded Bangladesh territory and has been successfully working of third world’s developing countries. ASA, BRAC, Grameen Bank remarkable of them. As a former officer of ASA if want to express some information regarding success of this country and in abroad, as officer of ASA I have long term working experience in Philippine prominent as fertile land of micro credit, where I got opportunity work in CARD (Centre for Agricultural and Rural Development) Bank is the largest micro credit oriental organisation non-governmental bank as
International consultant. This great internally experience may be work as pioneer of my life. But especially
mention the name of honorable person internally famous personality micro credit consultant and successful president of ASA-Bangladesh Shafiqul Haque Chowdhury’s name. For the assistance of him as a junior officer in ASA and exceeding the country I have opportunity to work in Philippine’s largest micro credit oriental organisation non-governmental bank CARD (Centre for Agricultural and Rural Development) Bank for this reason remain love from my heart. Now ASA has been working about more than 15 countries such as Philippine, Nigeria, Ghana, Shrilanka, Cambodia, India, Pakistan, Afghanistan, Mayanmar with Catalyst Micro Finance Investor (CMI) that is very much admirable. Though Micro finance introduced by Grameen Bank and Dr Mohammad Younus but Shafiqul Haque Chowdhury made this program as modernized and meaningful. That’s why,
ASA has been using of Cost-effective Methodology and in this way make this modernise and meaningful and earned great success. In the working period of Philippine for micro finance I visited lot of province of Island State. I have earned great experience about the country economy, Industrial
Culture and with other sides. Same way I have known from their word.
ASA International has been playing very important role to eradicate poverty in their country. Besides CARD Bank and CARD NGO with joint
venture consultancy service earned highly admired. The Managing
Director of CARD-MRI & Present finance advisor of Philippines Government Jemmi Aristotle B Alip who directly honoured to ASA’s President and obeys as his teacher and they remember with honour for contribution of ASA. Because of direct or
indirect assistance of ASA, CARD- MRI has been established as a largest micro credit and loan provider and they have earned height International award prize ‘Ramón Magsaysay Award.’ Shafiqul Hoque’s main virtue is not pursuit name and fame work to make micro credit as Cost-effective Methodology as a result micro credit program has been converted as Cost-effective in International surrounding. So one arranged program in CARD-MRI of their own building where the president of ASA as mark of honour declared as ‘Honorary Professor.’ In which is respectable for ASA and for Bangladesh. Of Philippine’s Micro Finance Organisations are very much grateful to ASA because of long time high rate Reba’s business of Indian Citizen their economic system make miserable. After that that country’s MFI organisations coming in Bangladesh they visited ASA, BRAC and Grameen Bank Bhaban and pray to assistance and at last the Filipina people escape from 5/6 years long time high rate Reba’s business of
Indian Citizen here ASA has been playing great role. At last, we can advise that not giving mutual guilt we should be search and find out the way how to make Micro Credit Program more agreeable and modernised for removing poverty in this way may be brings
honour and fame for our country. n
(Writer is an ex-consultant, CARD BANK Inc. Philippine & ex
staff, ASA-Bangladesh)
