Kuwait Goodwill Fund (KGF) Program
Kuwait Goodwill Fund (KGF) Program is a special program of Palli Karma-Sahayak Foundation (PKSF) funded by a grant of Kuwait Fund for Arab Economic Development (KFAED). This fund was established by the state of Kuwait to assist Islamic countries in their endeavors to achieve food security and ensure the basic right to food to their people.
The major objectives of the program are: a) establishing linkage to sustainable agricultural financial services with technologies; b) develop flexible repayment system based on cash flow linked to harvesting pattern; c) disseminate knowledge on sustainable farming technologies, etc.

Achievements
a) i) Credit Assistance
KGF Program since its inception (June 2011) organized a total of 8,45,900 members under 11,820 groups of whom over 76% are female. Savings by these members stood at BDT 343 million. Up to March 2022, 38 POs disbursed BDT 26,279 million to nearly 845,000 (cumulative) members. The current loan outstanding is nearly BDT 2,245 million with a recovery rate of over 99%. Nearly 53% of this loan is used in crop cultivation, 34% in livestock production, and the rest in fish and other farm-related activities. Details credit assistance trend of KGF Program is shown in Table 1.
Table 1: Credit assistance trend of KGF Programme
Indicators | Up to 2014 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | Total/average |
Cumulative member households (No.) | 78900 | 65200 | 86600 | 114500 | 104800 | 138600 | 68700 | 80800 | 107800 | 845900 |
Percentage of female members | 68 | 71 | 73 | 76 | 78 | 82 | 81 | 84 | 85 | 76 |
Loan disbursement (crore Tk.) | 224.37 | 167.78 | 288.25 | 294.98 | 328.91 | 337.87 | 310.51 | 364.04 | 311.17 | 2627.88 |
Loan outstanding (crore Tk.) | 53.75 | 39.9 | 32.96 | 21.84 | 9.05 | 8.69 | -8.6 | 13.48 | 53.39 | 224.46 |
Savings (crore Tk.) | 8.82 | 2.59 | 10.33 | 3.7 | 4.5 | 1.05 | 2.15 | -1.63 | 2.8 | 34.31 |
Recovery rate (%) | 99.58 | 99.40 | 99.60 | 99.70 | 99.70 | 99.70 | 99.70 | 99.30 | 99.62 | 99.59 |
Proportion of Crop: Livestock: Fish | 46:42:12 | 50:36:09 | 56:31:09 | 59:30:09 | 56:31:09 | 57:31:09 | 59:30:09 | 62:28:09 | 62:29:09 | 56:34:10 |
ii) Capacity Building Assistance: Fifty percent income earned from the service charge and bank interest from the distribution of KGF Sufolon loan is used for capacity building activities. Up to June 2022 Integrated Agriculture unit implemented a total of 5,205 demonstrations (crop-related 1,690; fisheries-related 1,518 and livestock-related 1,997) under KGF program in the FY 2021-22.

b) Piloting of innovative agricultural technology related projects: KGF Program is implementing the following projects on specific technologies in different parts of Bangladesh.
- Production and post-harvest management of mango variety Gouromoti and Malta under two-storied orchard system in Chapainawabganj.
- Quality betel leaf production for income and employment generation in Rajshahi.