The extremely poor people have traditionally been left out of microcredit services because of self-exclusion, social-exclusion or institutional exclusion. The basic reasons for this exclusion are vulnerable socio-economic conditions of the extremely poor and a lack of self-confidence, initiatives and support. Against this backdrop, PKSF implements the ‘Buniad’ program to serve the extremely poor people.
This program has since 2004 been supporting the extremely poor in a way that enables them to create a foundation for sustainable income opportunities and live with dignity in society. ‘Buniad’ offers distinctive flexibilities to the extremely poor in terms of deposit and withdrawal of savings, loan repayment schedules, attendance in group meetings and minimum savings requirement for a fresh loan. Moreover, PKSF provides Disaster Management Loan and Land Lease Loan to the ‘Buniad’ participants.