Innovation

Micro-Finance Enterprise

MICRO FINANCE PROGRAM (MFP):

It is the main program of the organization. OPCA has started the Micro Finance Program initially in Sonapahar (adjacent to Dhaka-Chattogram Highway), a village under Marwari Upazila of Chattogram district targeting the poor, landless, ethnic minority and underprivileged people in 1992. Now OPCA has completed 31 years of its Micro Finance Program operation in 2023. Most of the beneficiaries of OPCA who have started Micro Credit activities; have been graduated to Micro-Enterprise which is the great achievement of OPCA’s Micro Finance Program. The beneficiaries under this program are involved in various income generating activities (IGA) in the rural area such as Agriculture, Fishery, Small Trade, Handicrafts, Pottery, Cobblery, Black Smithy, Poultry, Dairy etc. OPCA manages its Micro Finance Program in two ways. Firstly, it organizes groups from the poor community, collects their weekly savings, creates funds and arranges to return their money back with profit. 

The status of OPCA’s Micro-Credit Program: At a glance (As at June 30, 2023)

a.

Number of Branch

16

b.

Number of Employee

115

c.

Number of Samity (Group)

994

d.

Number of Beneficiary

14538

e.

Number of Borrower

9581

f.

Savings Balance

139262344

g.

Cumulative Disbursement

4430602081

h.

Cumulative Realization

4075052631

i.

Loan Outstanding

355549450

j.

Cumulative Surplus

24244966