Where we started
In 1987, SAJIDA Foundation started as a private family-funded charity with a small garage school in SAJIDA's founder's residence. By 1993, the organization evolved into a formal institution offering micro-credit to poor urban women in old Dhaka . Over the next decade the micro credit program diversified, and SAJIDA began providing a variety of loan products for its heterogeneous group of family entrepreneurs. Concurrently, SAJIDA began offering various types of social development programs. Over the years, the association with other professionals at all levels has increased significantly.
Contribution of Pfizer Family
Through a remarkable gesture of corporate charity, Pfizer Inc- New York initially sold and subsequently donated 51% share of Pfizer Laboratories (Bangladesh) Ltd. (subsequently renamed Renata Limited) to SAJIDA.
The majority of SAJIDA's programs are financed by SAJIDA's own funds: dividend earnings from Renata Limited, service charges from its credit programs, savings of members and service fees.