We ensure flexible and customized financial services to cater to unbanked communities and emerging entrepreneurs with the goal to create opportunities and transform lives.
SAJIDA Foundation’s Microfinance Program offers a diverse range of collateral-free financing for Micro, Small and Medium Entrepreneurs along with customized savings products to meet the needs of a population segment that cannot readily access formal financial services. The Microfinance Program is currently operating through 356 branches across 25 districts of Bangladesh and serving over half a million clients. The program, which is one of the largest initiatives in Bangladesh, is serving its varying client segments through two different divisions: SUCHONA and BIBORTON. SAJIDA’s Microfinance model has become a centre of innovation due to its client centric approach, emphasis on digitization, and contemporary upgradation.
FLEXIBLE FUNDING
Our loan products are designed to fit clients’ need and financially support a heterogeneous of emerging entrepreneurs with the goal to create opportunities and transform lives.
Suchona
Biborton
LOANS BY CATEGORY
Agriculture Loan
Ultra Poor Loan
WASH Loan
Remittance Loan
Migration Loan
OUR SAVING SCHEMES
In order to promote saving habits of its members for a better financial security in the future. This helps the member realize the benefits of saving without having to make sacrifices from daily expenses.
It is mandatory for our Microfinance members to save a minimum of BDT 200 per month, enjoying a return of 6% interest per annum. However, this varies based on loan category and collection mechanism.
This is an optional, fixed term deposit plan for members who wish to invest a bulk amount with a specific future goal in mind. The plans start with a minimum investment of BDT 5,000 with annual returns up to 11%.
A voluntary monthly savings plan, Samriddhi is also available for our members. They can save between BDT 200 to BDT 10,000 per month, additionally beneficiaries of this saving scheme receive returns upto 9% per annum.
OUR IMPACT
356
Branches
546,034
Members
392,605
Borrowers
25
Districts Covered
22926.30
Loan Outstanding in BDT Millions
6395.14
Member Savings in BDT Millions
FEATURED STORY
Entrepreneur | Liza Khanom
“The savings make me feel secure as I can think about my daughter’s future,” recalls Liza with a smile on her face. She faced a lot hardships from a young age, but does not regret them a bit
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Liza Khanom has been a member for the past four years, and she runs a boutique shop consisting of five employees. She started off with a small room space when she took a loan from SAJIDA Foundation.
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