Salient feature of Agricultural Bank on going Micro-Credit Programs under poverty alleviation.

Credit program for the landless and Marginal farmers :

This program has been propelled with agriculture banks own asset in 1992-93 money related year through its all branches. Landless and peasants get transient credit under this system. Persons/Workers having not more than 1.50 sections of land of cultivable area and yearly salary of most noteworthy Tk 25000/ - are qualified for getting credit under this project. After development of gatherings and getting preparing the gathering individuals get credit with no guarantee security. Be that as it may, they need to hypothecate the merchandise and resources made by the credit. In lieu of insurance they need to assume liability as underwriter for the recuperation of credit inside the gathering. The present Financing cost is 10%. 52 level with week by week portions are altered and the recuperation will be occurred in like manner. Around 474181 beneficiaries have been furnished with Tk. 4698.40 million since its commencement (upto 30 September,2008). 

Beef fattering Joint Program:

This is an agricultural banks own financed program. Bank propelled this system in 1994. The fundamental goal of this system is to top off the lack of creature protein in the nation and additionally formation of independent work for poor and unemployed individuals living in the towns. Under this program a man can get a credit producing upto Tk.25000/ - for 5 calves against certification of a bank official/neighborhood tip top. The rate of interest is 10%. The advance is to be reimbursed with enthusiasm for one portion inside one year. Around 89025 recipients have been furnished with Tk.1481.30 million since its beginning (up to 30 September,2008). 

Swanirvar Credit Program:

Agricultural Bank has been executing swanirvar credit program without insurance security since 1979. Occupation creation for the landless and minimal peasants, expanding their way of life, making of social and moral qualities, destruction of lack of education, giving production of wellbeing and family arranging administrations and so on are the destinations of this program .The recipients under the project are landless, country poor and down and out having most extreme 0.40 sections of land of cultivable area and greatest yearly wage is Tk.20,000/ - . 212 branches of 31 areas (districts) are included in this project. The recipients need to frame assembles (each Comprising 5 individuals) and a middle (comprising 5 bunches). Agricultural bank and Swanirvar Bangladesh is working this program together. The credit is sans security however Gathering ensure for each other is required. Greatest advance sum is TK.15,000/ - per recipient. It is Fleeting credit(to be recouped in 52 square with week by week portions inside one year). Dispensing of advances to the recipients is made properly prescribed by Swanirvar staffs. Swanirvar Bangladesh is in charge of gathering arrangement ,offering preparing to the recipients and recuperation of credit. Rate of Interest is 16%. (6% Administration charge for Swarnivar, 10% Enthusiasm for agricultural bank). Around 274115 recipients have been given Tk.1577.80 million since its initiation (upto 30 September,2008).

Small Farmers & landless Laborers Development Project (SFDP):

This anticipate is being executed together by Troubadour and agricultural bank from 1995 through 21 branches under 6 Areas (regions) of agricultural Bank. The targets of the venture are to expand generation, livelihood creation and expansion salary of the little landless ranchers and workers through arrangement of little gatherings, era of own capital and procurement for capital backing for undertaking different wage producing exercises. Under this anticipate Tk. 19.80 million has been dispensed to 2710 recipients by and large every year and recouped Tk. 15.80 million every year. Total recuperation rate is 97%. The recipients under this project are little agriculturists having most extreme 0.50 sections of land of cultivable area and landless workers having 0.51-1.50 sections of land of cultivable area. Determination of target family, assemble arrangement, supervision of gathering exercises, supervision of credit usage and a wide range of field works are finished by BARD. Opening of gathering record, endorsing and payment of advance and keeping up investment account and so on are finished by agricultural bank. Bank gives credit from its own source after development 5-10 individuals bunch. The advance is without insurance, yet resources and products got from credit are hypothecated. Lien of gathering funds and gathering weight supplant the guarantee. Advance is dispensed for any perceived things which is acknowledged by bank and distinguished by individuals from gathering. Financing cost is 15% of which 10% for agricultural bank, 5% for BARD. Administrator or secretary of the gathering recuperates the advance. Advance is recouped in week by week/fortnightly/regularly scheduled payments inside most extreme year and a half. Around 28266 recipients have been furnished with Tk.215.20 million since its origin (upto 30 September,2008). This project ended on 30 th June,2006. 

South Asia Poverty Alleviation Program:

This project was dispatched on the premise of Dhaka meeting of SAARC nations in 1993. This is a joint endeavor program with UNDP. Yet, it is banks own financed program. UNDP composes the recipients, trains them and suggests the advance. The obligation of acknowledge acknowledgment lies for the chiefs of town associations. This is a territory based credit program. Just Kishorganj ( a region) sadar upazilla is the summon range of this system. The greatest credit breaking point is Tk. 25000/ - per recipient. 25 recipients shape a gathering. Rate of interest is 15% (BKB 10% and the director of town association 5%).The credit is sans guarantee and is recouped in week after week portions inside one year. Around 53723 recipients have been given Tk.445.70 million since its commencement (upto 30 September, 2008)

United Nations Capital Development Fund(UNCDF):

This system began in 1983 with the goal of financing country and house commercial enterprises. Presently it is running on rotating reserve. This is a joint endeavor program with agricultural bank, BSCIC and UNCDF. UNCDF gives 33% of asset while BKB gives 66%. BSCIC chooses borrower and gives augmentation administrations. The project covers 29 areas. Agricultural bank gives credit from joint reserve and looks after record. Rate of interest is 10% - 14%. This is a security free credit. Crude materials, completed merchandise and capital resource made out of acknowledge are kept as hypothecation against credit gave to the recipients. Around 24837 recipients have been given Tk.136.70 million since its commencement (upto 30 September,2008). 

Rural Women Employment Creation Project ADB Loan No 1067 BAN(SF):

This is a joint venture began in 1993 for exploring different avenues regarding the possibility of co-interest of government Organizations (GOs) and Non-Government Organizations (NGOs) going for vocation creation for poor ladies in the country ranges. Branch of ladies Affairs (DWA), 19 NGO`s in 12 thanas (upazilla) and agricultural bank together actualizing the undertaking. NGOs sorts out people into gatherings, train them under the supervision of DWA and suggests for credit supported by ADB. This is additionally an insurance free credit. Loan cost is 12%. Around 67402 recipients have been given Tk.154.70 million since its beginning (upto 30 September 2008). This system ended on 30th June,2007.

Agricultural Bank - NGO Micro Credit Program:

This system is a replication of Rural Women Employment Creation Project (RWECP). NGOs sorts out people into gatherings, gives them preparing and prescribes to credit . Agricultural bank gives credit from its own asset. This is likewise a guarantee free credit. Loan cost is 12.5% . Around 16636 recipients have been given Tk. 136.00 million since its commencement (upto 30 September 2008). 

Credit Under National Poverty Alleviation Program through Goat Rearing:

This system have been acquainted in 2002 pointing with kill neediness through goat raising. Directorate of animals furnishes with expansion administration while agricultural bank  gives credit from its own asset for a time of 4 years term. This is an insurance free credit gave from all branches of agricultural bank. Financing cost is 10% . Around 24354 recipients have been given Tk. 236.50 million since its initiation (upto 30 September 2008). 

Milching Cow Credit Program for the Women:

The project dispatched in the year 1997. The fundamental destinations of the system were legitimate use of the unemployed ladies expanding milk creation and aiding the up-lift of the state of the ladies society. Under this project one town of a branch territory is chosen. One ladies from every group of the chose town is qualified to get this credit office. A candidate gets most extreme Tk. 10,000/ - to buy a calf. Financing cost is 8%. The credit is acknowledged inside one year in week by week portions. This is an insurance free directed credit. An officer or field laborer of the branch is occupied with regulating the credit under the immediate control of the branch supervisor. Domesticated animals officers help the recipients in treatment and raising the dairy animals. Around 612 recipients have been given Tk. 8.20 million since its beginning (upto 30 September 2008).

Extraordinary Micro Credit Program for the Disabled:

This project have been acquainted in 2002 pointing with salary era and improvement of financial condition through business creation for the crippled persons. Branch of Social Welfare and Disabled Foundation gives expansion administrations. This is a security free credit gave from all branches of the bank. Loan fee is 10%. Around 530 recipients have been furnished with Tk. 5.60 million since its initiation (upto 30 September 2008). 

Monipuri Small Traders Credit Program:

This project have been acquainted in 2003 pointing with give working funding to handloom industry worked by the Monipuri ladies living in the more prominent Sylhet territories. Bank authorities sorts out the Monipuri ladies having handloom and preparing/training/knowledge of operation. Qualified ladies are composed into 5 part gathers. This is additionally a security free credit gave from the agricultural bank`s own asset. Loan cost is 10% . Around 684 recipients have been furnished with Tk.21.50 million since its initiation (upto 30 September 2008). 

Exceptional Credit Program for the Rakhains under the region of Cox`s Bazar:

This system has been propelled in 2003 meaning to give working capital credit to delivering handloom and house Industrial items and advertising. The advance is dispensed to the Rakhain people group living in the area of Cox`s Bazar. Agricultural Bank authorities arranges Rakhains into 5 part bunches. This is an insurance free credit program from banks own asset. Financing cost is 10% . Around 469 recipients have been furnished with Tk. 15.10 million since its origin (upto 30 September 2008). 

Tree Plantation Programs: In 2002 and 2003 BKB has dispatched 8 Tree Plantation Programs-viz:

A wide range of tree nursery including home grown, Agriculture Development, Foods grown from the ground tree manor, Bamboo creation, Home grown planting, Coconut planting, Patipata (a plant utilized as a part of making mat) creation, Stick creation.

These projects have been presented in all branches of the bank to develop increasingly trees expecting to destruction of neediness, appropriate utilization of fallen area, increment of tree generation encouraging home grown treatment and improvement of environment. Credit under these projects is without guarantee upto Tk. 25,000/ - . Loan cost is 8%. Around 20043 recipients have been furnished with Tk 203.50 million since its beginning (upto 30 September 2008). 

Foundation of Breeding Farm of Black Bengal Goat Program:

This system has been taken to guarantee supply of children of Black Bengal Goats so as to backing the national project of destitution easing through goat raising. Under this program a ranch containing 50 she goats is considered as a little homestead and a ranch involving 51-200 she goats is considered as a major ranch. The credit is medium term. Credit farthest point is Tk. 30,000/ - for a little farm comprising of 10 she goats ( with a he-goat). This credit farthest point is ascertained for making up goat-shed, obtaining of she-goats and he-goat and introductory food cost. This farthest point is proportionate for a little ranch having upto 50 number of she-goats. For a medium homestead credit limit is to be computed deducting the expense of goat shed. This expense is borne by the business visionary. Around 304 recipients have been furnished with Tk 14.60 million since its origin (upto 30 September 2008). 

Group Based Resource Management Project:

This anticipate began in 2003-04 financial year. It is a joint endeavor venture of agricultural bank, IFAD and Dept. of LGED of GOB. The venture is to be actualized in the greater part of the 10 upazillas of Sunamgonj (an area) at 3 stages inside 11 years. The task has five segments, for example, (1) Infra - structure Development, (ii) Development of Fisheries, (iii) Crop and animals Development, (iv) Grass Roots Institutional Development and (v) Small Credit agricultural Bank manages ``small credit`` segment of the venture. LGED composes the objective individuals into 30 part amasses. Bank Provides short and medium term credit. Greatest advance breaking point is Tk. 14,000/ - to every part as transient and Tk. 27,000/ - to every part as Medium term. The credit under this anticipate is sans insurance. Rate of interest is 15%. 1508 credit association (every credit association comprises of most extreme 30 recipients) have been furnished with Tk 190.35 million since its commencement (upto 30 September 2008). 

Neediness Alleviation through Production and Improvement of Sheep:

This is a legislature coordinated project which has been propelled in the last part of the monetary year 2004-05. Fundamentally this is to be executed all through the chose 22 upazillas under chose 11 areas of agricultural banks purview. Directorate of animals furnishes with broad administrations while agricultural bank gives credit from its own asset. Under this project credit sum upto taka 50,000/ - is without security. Loan cost is 8%. This credit is to be reimbursed inside four years in 6 rise to portions including one year elegance period. Around 360 recipients have been furnished with Tk 3.80 million since its origin (upto 30 September 2008).