The extremely poor people have traditionally been left out of microcredit services because of self-exclusion, social-exclusion or institutional exclusion. The basic reasons for this exclusion are vulnerable socio-economic conditions of the extremely poor and a lack of self-confidence, initiatives and support. Against this backdrop, PKSF implements the ‘Buniad’ program to serve the extremely poor people. Learn more
To ensure sustainable poverty alleviation, there is no alternative to enterprise development. With this realization, PKSF launched its Enterprise Development Program in 2001. Later, the program was renamed ‘Agrosor’. Any business activity with an investment of up to BDT 15 lakh (excluding land and building values) is eligible for availing support from the ‘Agrosor’ program. An individual entrepreneur can take a loan of up to BDT 10 lakh under the program. Learn more
Jagoron, a credit instrument of PKSF, seeks to ensure household-based enterprise development in rural and urban areas of Bangladesh. In October 1990, PKSF launched the program (then known as Rural Microcredit) for the rural poor to encourage them to undertake family-based income generating activities. Nine years later, in 1999, PKSF launched Jagoron (then known as Urban Microcredit) for the poor residing in urban areas since the number of the urban poor had been continuously increasing as a result of forced migration, recurrent natural disasters, and limited employment opportunities in the rural areas. learn more
The success of a project, styled ‘Marginal and Small Farmers Project (MSFP)’, in 2005 led PKSF to design and introduce the Agriculture Sector Microcredit in 2008. Two years earlier, PKSF had launched the Seasonal Loan Program to offer financial services to farmers in accordance to seasonal variations. In 2014, the two loan products were merged and renamed Sufolon. This unique financial service has created tremendous impetus for the investment in different income-generating activities (IGAs) in the fields of crop cultivation and processing, livestock, fisheries, agro-forestry, agro-processing, etc. learn more
The Kuwait Goodwill Fund (KGF) program is implemented by PKSF with grant support from the Government of Kuwait. The Fund was established by His Highness the Emir of Kuwait to support achievement of food security and ensuring basic food requirements of the people of Islamic countries. To this end, PKSF is providing financial and technical assistance to the members at the grassroots. The main features of the program are to disburse loans at flexible service charges and collecting repayment in accordance with harvesting time of a crop, capacity building in implementation of agricultural activities and extension of sustainable agricultural technologies. learn more