Overall Performance

           PKSF has been involved in microcredit operations since 1990. Over time PKSF realized that poverty alleviation cannot be achieved with one component only; this requires education, training, healthcare, financing, access to resources and equal opportunities for all. It should be an integrated development process that involves multiple socio-economic components. Therefore, PKSF has diversified its operations. The conventional weekly repayment has been replaced by 1-month, 6-months, post-harvest and year-end repayment terms for different activities (such as agriculture, livestock and small enterprise). Due to the terrible monga situation in the North and South of Bangladesh, comprehensive programmes have been initiated to tackle both the immediate and long-term repercussions.  In order to respond to the terrible state of the poor, PKSF initiated the Programmed Initiatives for Monga Eradication (PRIME). Centuries-old Monga is now swept away in the pages of history.   The success of PRIME has energized PKSF to extend PRIME in the SIDR and AILA-affected areas in the South-West of Bangladesh.

           In addition to natural catastrophes PKSF has started implementing actuarial based micro insurance in life, health and livestock sectors for the first time in Bangladesh. About 1100 informal tutorial schools are being conducted to prevent drop out of school children from poor families. PKSF has inspired its Partner Organizations in providing scholarships to the meritorious students from low-income families over the last two years. PKSF has itself spent Tk. 5.5 million in scholarships during the same period. 
 Fundamental changes have taken place in PKSF’s philosophy of development and programmes for poverty alleviation. It has initiated family based integrated development programmes with the goal to bring the poor and backward people out of the vicious circle of poverty characterized by economic, social and other deprivation so that they can contribute to their own and national socio-economic progress. The new program, known and Enhancing Resources and Increasing Capacities of Poor Households towards Elimination of their Poverty (ENRICH), is being implemented by selected Partner Organizations in different areas of the country. In this programme the poor are being particularly facilitated to actively take part in the development process.  The aim is to hand over the reins of progress to them, and in turn restore their human dignity.

 Finance for Enterprise Development and Employment Creation (FEDEC) is another flagship programme, which is being jointly funded by PKSF and International Fund for Agricultural Development (IFAD). This is being implemented through a new process known as Value Chain Development (VCD). Furthermore PKSF puts much emphasis on the protection of the environment.  Two such endeavors should be particularly note: producing environment friendly Urea Super Granule (USG) and vermi-compost through its Partner Organizations (POs).
     In the last three decades, Bangladesh has taken various measures to face challenges of climate change. Recently, PKSF has initiated a Community Climate Change Project (CCCP) under Bangladesh Climate Change Resilience Fund. PKSF’s POs and other NGOs are regularly kept informed of the activities and participation of people in extremely vulnerable areas.

    PKSF programmes are implemented by POs at the field level. These POs are selected in arigid and meticulous process. The officials and staff of the POs take part in regular training programmes conducted by experts in the relevant areas. All PKSF programmes are monitored intensively. Evaluation is done by national and international specialists at regular intervals. PKSF takes necessary measures to improve its activities as per the remarks of these reports.

   The strength of PKSF is explicitly evident from its progressive trend of loan disbursement over the last two decades. All the programmes and projects that are being implemented by PKSF, including number of POs, members, borrowers, loan outstanding and members’ savings have been provided below:


     Most of the districts of Bangladesh are covered by the Partner Organizations (POs) of PKSF. These POs implement the operational activities of PKSF. As of June 2013, the total number of POs is 272 (Figure 1.0). Since its inception, PKSF has been extremely careful  in selecting its POs and it follows strict procedures to ascertain the potentiality of an organization before its enrollment.


The members of the POs, who are organized within clusters or groups are at the core of all kinds of field level operations of PKSF, . As of 30th June, 2013 the total number of members is 10.21million under the shade of all branches of Partner Organizations of PKSF. Among the members, the number of women is 9.19 million, which is 89.97 percent of the total. As of 30th June 2013, the number of borrowers is 7.87 million. Out of total borrowers the number of women borrowers is 7.17 million, which is 91.12 percent of the total (Figure 2.0 & 3.0)



 Members’ Savings

It has been observed that the savings balance of the organized members of Partner Organizations is increasing significantly. As of 30th June 2013, the members’ savings balance is BDT 34045.21 million (Figure 4.0).


Loan Disbursement

As can be seen in Figure 5.0, loan disbursement of PKSF has recorded a steady growth in FY 2012-13. Loan disbursement from PKSF to POs increased to BDT 24,506.12 million in FY 2012-13, which is 5.63 percent higher than the previous year. Loan disbursement from POs to Borrowers stood at BDT 16,3154.08 million by FY 2012-13. Partner Organizations disbursed this amount under various programs and projects  through their branches to all corners of Bangladesh. 


 Loan outstanding

As on 30th June, the amount of loan outstanding of PKSF with Partner Organizations and Partner Organizations with Borrowers stood at BDT 35176.47 million and BDT 91229.82 million respectively (Figure 6.0).