• VERC, B30, Ekhlas Uddin Khan Road, Anandapur, Savar, Dhaka, Bangladesh
  • (+88) 02 7742029
  • verc@bangla.net

Jagoron Program

Jagoron loan provides means for the poor families to take small loans to help them to be engaged in productive activities or to expand their small business. Thus it can help the poor to increase income, build viable business and reduce their vulnerability to external shocks. It is also a powerful instrument for self-employment by enabling the poor, especially women, to become income earners and agents of change. The clients of Jagoron Program are low-income persons who do not have access to formal financial institutions. Till June 2015, the number of Members was 66,613 in 4,400 groups; No. of Borrowers–45,496; Loan Outstanding (portfolio) TK. 504.42 million (Tk.50,44,23,466); Savings Outstanding- Tk. 236.79 million (Tk.23,67,99,463); and the recovery rate was 99.93%.