Group Savings
Small-scale Rural Entrepreneurship Development

Shushilan has about 13 years of experience in micro-credit operation. From this long experience, Shushilan has realized that development of small entrepreneurship is necessary for the development of the poor. Small entrepreneurship development program was first initiated by Shushilan through providing training and technical assistance up to farm level for poultry rearing of the beneficiaries. Till December 2005, 96 poor group members have been involved in small entrepreneurship development program.
 

 

Group Savings from 1997 to 2005

Year
Amount saved
1997-2001
20,25,445.00
Up to 200224,77,700.00
Up to 200331,38,933.00
Up to 200444,44,921.00
Up to 200552,95,777.00

Up to 2005, total group savings in savings fund was Tk. 98,61,143.00 and from this an amount of Tk. 45,65,366.00 was taken by group members as credit. Savings in 2005 was Tk. 18,27,243.00 of which Tk. 9,78,387.00 was taken in loans.

 


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