MANDATORY SAVINGS

It is mandatory for all members of the Microfinance program to save a minimum of BDT 300,  (increases on the basis of loan category) with a return of 6% interest. The practice of savings plays an important role in the sustainable development of our members and in minimizing any livelihood shocks.

ASTHA

For members who wish to save in large amounts, this is the scheme that their savings fall under. Any member with a minimum saving of BDT 5000 and any amount falls under the Astha scheme. The interest rates go up to 11% according to the money saved.

SAMRIDDHI

In addition to regular savings, an optional savings scheme called ‘Samriddhi’ for the needs of members who want to save more. Any member can avail this savings at any time with a minimum of BDT 200 and a maximum of BDT 10,000 with an interest return of up to 9%.

LATEST NEWS

SAJIDA’S MICROFINANCE PROGRAM INTRODUCES NEW LEADERSHIP

SAJIDA’s Microfinance Program organized Area Manager Meetings on 12 and 17 December to introduce their new Executive Director, Mr Fayzer […]

MICROFINANCE BUSINESS DEVELOPMENT UNIT ATTENDS IFI-SUMMIT 2019

SAJIDA’s Business Development Unit under the Microfinance Program attended the Inclusive Finance India (IFI) Summit 2019 from 3 December until […]

STEPS TOWARDS DIGITIZING MICROFINANCE OPERATIONS

SAJIDA’s Microfinance program has taken three significant steps towards digitization of all operations through collaborations with Datasoft, Appinion and mPower […]

SAJIDA’s Microfinance program inaugurates Customer Service Points

During September, SAJIDA’s Microfinance program inaugurated eight new Customer Service Points to provide more efficient, accessible services to its beneficiaries, […]