Rural Reconstruction Foundation - A Non-Governmental Voluntary Deve...| Financial Support for the Poorest (FSP)

Financial Support for the Poorest (FSP)

RRF started Micro Credit Program in order to lessen poverty and look up the quality of the rural lives by creation of convenience of the poor people into credit for their own income generation projects towards socio-economic self-reliance. This program was introduced in 1992 with the financial support of Pally Karma Shahyak Foundation (PKSF).

Goal:
The goal of the project is to initiate and encourage deprived people to access in credit for lessening the poverty and eradicate the scarcity from the society.

Objectives :
The objectives of this program are as follows:

Promotion of accessibility of poor people into the credit program for income generation projects.
Creation of self-employment and income generation.
Organizing the rural poor into groups and accumulation of savings for their own fund.
To make the poor farmers self-development in order to save them from the high interest of the money lenders.
Lessen the poverty from the society with the income generating fund.
Manifesting the betterment of rural and underprivileged people in the society.
To involve the women in development project or generating income for their respective families as a means of empowerment are as follows.

The Progress Report of FSP:

(July 2008-June 2009)

Cum. Distribution	Cumulative Realization	Present Borrower	Loan Outstanding
76537000	76129142	106	407858