MFI ReportPartnerships
| Name | Relationship |
|---|---|
| PC Link IT Palli | Vendor |
Mission:
To improve the living standard of the poor by supporting development initiatives and promoting social justice, economic utilization of resources, gender equity and a society free of discrimination.
Background and Main Challenges:
BACKGROUND:
Microfinance plays a vital role as an anti-poverty instrument, and through scaling up microfinance we can accelerate poverty reduction. Based on this premise, JAKAS started its microfinance activities in rural areas under a project in 1995. After partnering with PKSF in ... Read more
Microfinance plays a vital role as an anti-poverty instrument, and through scaling up microfinance we can accelerate poverty reduction. Based on this premise, JAKAS started its microfinance activities in rural areas under a project in 1995. After partnering with PKSF in ... Read more
BACKGROUND:
Microfinance plays a vital role as an anti-poverty instrument, and through scaling up microfinance we can accelerate poverty reduction. Based on this premise, JAKAS started its microfinance activities in rural areas under a project in 1995. After partnering with PKSF in 1997, the organization gradually evolved into a microfinance institution. JAKAS is now implementing a microfinance program in rural and urban areas both with the ultra poor and other marginalized groups. It places special emphasis on the extreme poor to address both their immediate and long-term needs and to integrate them into mainstream development.
MAIN CHALLENGES:
-Dependency on external funds
-Increasing number of microfinance competitors
-Clients' dependence on the black market
-Overlapping with other MFIs
-Unstable social and political situation
-Limited risk mitigation support through risk fund/insurance
-ME maximum ceiling TK 1.5 lac, which is lower than our competitors' prevailing ceiling in the market
-Natural disaster Hide
Microfinance plays a vital role as an anti-poverty instrument, and through scaling up microfinance we can accelerate poverty reduction. Based on this premise, JAKAS started its microfinance activities in rural areas under a project in 1995. After partnering with PKSF in 1997, the organization gradually evolved into a microfinance institution. JAKAS is now implementing a microfinance program in rural and urban areas both with the ultra poor and other marginalized groups. It places special emphasis on the extreme poor to address both their immediate and long-term needs and to integrate them into mainstream development.
MAIN CHALLENGES:
-Dependency on external funds
-Increasing number of microfinance competitors
-Clients' dependence on the black market
-Overlapping with other MFIs
-Unstable social and political situation
-Limited risk mitigation support through risk fund/insurance
-ME maximum ceiling TK 1.5 lac, which is lower than our competitors' prevailing ceiling in the market
-Natural disaster Hide
Address:
Sabujnagar
Joypurhat
Joypurhat
5900
Bangladesh
Phone:
+88 0571 62984
Fax:
+88 0571 62054
Email:
jakas_bangladesh [at] hotmail [dot] com
Main Funding Sources:
Loans
Savings
Products and Services:
Loans
Products:
Loans
Health
Water and Sanitation
Alternative Technical Development &Training
Entrepreneurship Development
Fisheries
Election Monitoring
Sustainable Agriculture
Rural Enterprise Development
Training
Food processing
Poultry Rearing
Social Mobilization
Health & Nutrition
Livestock development
Human rights
Health
Water and Sanitation
Alternative Technical Development &Training
Entrepreneurship Development
Fisheries
Election Monitoring
Sustainable Agriculture
Rural Enterprise Development
Training
Food processing
Poultry Rearing
Social Mobilization
Health & Nutrition
Livestock development
Human rights
Services Provided:
Health
Other
Looking for (Investment Types):
Loans in Local Currency
Donations
Capacity Building Grants
Other Investment
% Operations Comprised by MF:
91 - 100
Date established:
Jan 1 1993
FYE:
30-Jun
Current Legal Status:
NGO
Regulated:
no
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Khurshed AlamChief Accounts Officerjakas_bangladesh [at] hotmail [dot] com+88 0571 62984
-
Nurul AminExecutive Directorjakas_bangladesh [at] hotmail [dot] com+88 0571 62984
