MFI Report

Background: PDIM began its journey by implementing a child sponsorship program at the outskirt of Dhaka city in 1992. The program was phased out in 1994. It further embarked on a 'food security and nutrition improvement' project in the following year with financial assistance from Dutch Interchurch Aid, the Netherlands. In total 1850 households benefited from the various project interventions including micro finance assistance. The project was graduated in 2000. PDIM became one of the partners of PKSF in 1997. It has been getting loan from PKSF to operate micro credit program in Gazipur since then. PDIM has recently started micro credit operation for hardcore poor in Sherpur district with support from PKSF. In addition PDIM has been implementing a multi-sectoral development project for the most vulnerable and disadvantaged people in Jhenaigati of Sherpur district with grant from CORDAID, the Netherlands. The major challenges are: (a) Keep the membership drop out rate at a minimum level (10%) (b) Avoid MF-program overlapping with other NGOs (c) Maintain the repayment rate over 98% (d) Meeting burgeoning demand of loan by the group members (e) Up-scaling of the micro-credit program to promote local enterprise (f) Maintain professionalism and standard in delivering lending services Hide