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SSS has been implementing multi-faceted development activities since its inception. In the decades of 80s and 90s the development organizations perceived that poverty might be reduced through generating employment, and there was no easy way to create employment without accumulating capital. Some of the development organizations began to provide financial support in small scale to the poor people without collateral security–microcredit. In the decade of 90s SSS started micro-credit activities with a small scale in Tangail only. However over the years it has expanded both horizontally and vertically. Presently it has been implementing several micro credit programmes and products in 27 districts. Credit programme is one of the major programmes of SSS.

Credit activities

The target people take opportunity of collateral free credit at 12.5 per cent service charge. They generate income and grow savings through investing the credit in various income-earning activities. The gradual augment of income and savings creates their assets. They have enhanced loan using capacities and strengthened their economic activities to establish themselves in the society. They have easily included themselves in health, nutrition and education services along with rising purchasing power. They are going forward to the process of development overcoming the vicious circle of poverty progressively. Credit products and programmes have been diversified principally as per the needs and capacities of the borrowers, and also on the basis of the experiences and lessons they learnt. In 2013-2014 SSS disbursed Tk. 1,229.92 crore among 5,24,684 borrowers. Overall average credit recovery rate is 99.62 per cent. Table no. 1 presents the project and component-wise credit disbursement analysis.

Table-1: Project and Component-wise Credit Disbursement Analysis:

Sl. No.

 

Segment of Credit

Number of Borrowers

Disbursement

(in crore Tk.)

Average Disbursement

(Tk.)

Total Disbursement Rate

01

Agriculture and Crop Cultivation

1,20,707

231.86

19,208.49

18.85%

02

Livestock and Poultry Rearing

85,345

220.21

25,802.34

17.90%

03

Small Business and Grocery

90,585

183.93

20,304.68

14.95%

04

Transport and Vehicle

49,466

93.45

18,891.77

7.60%

05

Housing and Construction

9,624

82.61

85,837.48

6.71%

06

Hotel, Restaurant and Food Processing

30,709

78.65

25,611.38

6.40%

07

Fish Cultivation

30,167

68.74

22,786.49

5.59%

08

Small and Cottage Industry and Handicrafts

23,288

66.65

28,619.90

5.41%

09

Cultivable Land Leasing

30,083

55.27

18,372.50

4.50%

10

Mini Garments and Loom

8,350

50.64

60,646.71

4.12%

11

Dairy Farm

18,165

46.63

25,670.25

3.80%

12

 Employment Abroad

1,838

13.53

73,612.62

1.11%

13

 Sanitation

10,619

7.51

7,072.22

0.62%

14

Shoe Making and Leather Goods

410

3.22

78,536.58

0.26%

15

 Hospital and Clinic

103

2.42

2,34,951.46

0.20%

16

Beauty Parlour

194

02.00

1,03,092.78

0.16%

17

Information Technology and Education

45

0.54

1,20,000

0.05%

18

Miscellaneous

14,986

22.06

14,720.40

1.79%

Total

5,24,684

1,229.92

23,441.16

100%