MFI Report

Background: CTS- a local cooperative- has started its operation in Dublia village of Goaldihi union of Khansama upazila in Dinajpur in 1998 as a joint pilot project of Plan Bangladesh, an international humaniterian organization and Come to Work, a local NGO operating in Dinajpur area.CTS is registered as an independent cooperative and aim to provide flexible financial service to the community with a special focus to reach the extreme poor.This project was both funded and conceptualized by Plan Bangladesh and was basically implemented to experiment with rural adaptation of SafeSave. Challenges:a)To develop Sustainable IGA and Enterprize for hardcore poor. b)To ensure uses of loan in specific trade for hardcore poor. c)To continue Client satisfaction in this competitive market. d)To reach OSS and FSS. • Provide poor and extreme poor people’s access to flexible microfinance programs, i.e. savings and credit services, to undertake and implement income generating activities • Facilitate developing technical knowledge and skills and provide financial support to the clients to promote entrepreneurial activities • Develop savings habit among the poor and extreme poor people by actively involving them into development activities • Design and implement demand driven development programs to improve the lives and livelihoods of the downtrodden community Hide