PKSF launched its Microenterprise (ME) program in 2001 to extend financial services to the progressive members of other credit programs to undertake economic activities that require bigger amounts of capital. PKSF upgrades its microenterprise policy on the basis of the needs of microentrepreneurs. Any business activity that has an investment of up to BDT 1.5 million (excluding land and building) is considered a microenterprise. This program, now known as Agrosor, is being implemented across the country through its Partner Organizations (POs) of PKSF. An individual micro-entrepreneur can avail a loan of up to BDT 1 million under the program.
Status in FY 2020-21
– The loan disbursement from PKSF to POs stands at BDT 4.36 billion and from POs to borrowers at BDT 67.85 billion.
– The total number of borrowers is 1.81 million.
– The average loan size is BDT 1,58,327.
– The cumulative loan disbursement from PKSF to POs amounts to BDT 99.13 billion and from POs to borrowers stands at BDT 1279.59 billion respectively.