Seasonal
Loan
After lot of investigation, research,
experience and different studies on credit program RRF has realized
that a big part of the loanees of micro loan for their different
kinds of income growing seasonal works. They have to wait for
a certain time to get profit from this investment. Again there
are some businesses that they do for a certain time in the whole
year. During that time this underprivileged member does not have
any money and for that reason they take loan with high interest
from local money lenders for this purpose. Considering this seasonal
business Rural Reconstruction Foundation has decided to initiate
the Seasonal Loan Program with the functional support and advice
of PKSF.
Goal:
The seasonal loan is to help members of micro loan program to
create an opportunity for being self dependent by their extra
income with the seasonal business besides the using of micro
loan.
Objectives
:
The objectives of this program are as follows:
- To give seasonal loan to those
who are unable to continue seasonal loan program because of
their financial crisis on appropriate time.
- To encourage and help them to
increase the growth seasonal products.
- To help the poor members to
free themselves from the money lenders for seasonal harvests
and other businesses.
- To upgrade the life style of
the members by extra income.
- To make an opportunity for new
investment by multiplying the loan.
- To extend different kinds of
income developing activities through utilizing the local assets.
- To cooperate the farmers for
getting the right price for their seasonal products by distributing
money on right time.
- To give them necessary intermediate
financial support during their production.
Loan
Amount:
The lowest loan
selling amount will be Tk.5000/= (Five thousand) and the highest
amount is Tk.25, 000/= (Twenty five thousand). The loan amount
will be selected on the experience of loanee and considering of
the project.
The
Progress report of Seasonal Loan:
(June 2009)

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