Welcome To Sajida Foundation
SAJIDA Foundation is a value-driven non-government organisation that embodies the principle of corporate philanthropy with 51% shareholding at Renata Ltd., a leading pharmaceutical company. The organisation was founded in 1993 as a social enterprise reaching out to marginalized and disadvantaged communities with comprehensive development programs including microfinance, health, and others. Alongside community healthcare services, SAJIDA’s flagship health program includes two modern hospitals in Keraniganj and Narayanganj serving disadvantaged communities. Efforts to widen health coverage through development of more hospitals are already underway. With over two decades of experience in poverty alleviation and social development, SAJIDA has emerged as a successful and innovative model for sustainable change, currently reaching six million patrons and working in 4,000 villages and cities across 20 districts.
Watch SAJIDA’s OPTIX project featured by Metlife’s “Multiplier’s of Prosperity” – an award winning custom content hub led by Wall Street Journal.
Through this project, we are developing a range of financial instruments and tools crafted for our low-income microfinance beneficiaries.
Bangladesh is widely regarded as the country where microfinance originated. Indeed, for establishing microfinance programs as early as 1970’s. It is the world’s eighth most populous country with a population of around 150 million habitants, 49% of whom live below the national poverty line. Microinsurance dates back to around 1988 in Bangladesh, when an insurance company inspired by the success of microcredit started to provide insurance products in the country.
The Sajida Foundation offers microinsurance products that are designed to address the basic lifecycle needs of the poor and thus include health costs, death costs, educational expenses, fire disaster loss and other financial risks they face. These products continue to improve in order to help the low income market manage unexpected expenses and risk.