Microfinance Program

The AUP Microfinance Program is a powerful engine of economic empowerment, lifting underprivileged communities out of poverty by providing access to tailored financial services. Launched as a cornerstone of our sustainable livelihood strategy, this program has grown into a mature, professional operation, serving 23,239 members across Chandpur, Cumilla, and beyond as of June 2024. Partnering with Palli Karma Sahayak Foundation (PKSF) since its inception, we’ve disbursed Tk 8,422,315,500 in loans cumulatively, with Tk 1,773,286,000 distributed in 2023-2024 alone to 17,430 borrowers.

Our diverse loan portfolio meets varied needs:

• Jagoron: Microcredit loans (Tk 10,000–100,000) for small-scale income generation, with Tk 6,553,129 outstanding.

• Agrosar: Micro-entrepreneur loans (Tk 100,001–1,500,000), fueling businesses with Tk 208,471,601 outstanding.

• Sufolon: Agricultural loans (Tk 20,000–100,000) for seasonal crops, livestock, and fisheries.

• Buniad: Support for the ultra-poor to build stability.

• ENRICH Loans: Income-generating (IGA), asset creation, and livelihood loans for holistic growth.

• BD Rural Wash Loans: Financing water and sanitation improvements.

In 2023-2024, our loan outstanding reached Tk 1,116,722,127, backed by member savings of Tk 416,875,735—a 37.33% savings-to-loan ratio. Our repayment rate stands at an impressive 99.08% annually, reflecting trust and reliability. To ensure borrower security, we offer micro-insurance, covering loan repayment risks in case of death, with a 1% premium—writing off debts and returning savings to nominees.

Since 2013, our g-Banker software has automated operations across 18 branches, linking them to our Dhaka head office for real-time transparency. This web-based system generates daily collection reports, monthly client updates, and financial statements, aligning with Microcredit Regulatory Authority standards. With 174 male and 11 female staff dedicated to this program, we emphasize agriculture (13.32% of loans in 2023) and micro-enterprises (60.83%), driving employment and resilience.

From a farmer expanding his rice fields to a woman launching a tailoring shop, the Microfinance Program transforms dreams into realities, proving that small investments can yield big returns for entire communities.