Contribution by PKSF

Other Areas of Contribution

Besides the above, PKSF is also making contribution in the following areas:

i)                    Computerization of PO’s MIS and Accounts System: PKSF has developed software for PO MIS using oracle and Developer 2000. The software has been tested in 5 POs and will be implemented in all POs soon. PKSF is also developing software for POs’ Accounts.

ii)                   Credit Bureau Database: PKSF has taken up a project to set up a Credit Bureau Database at PKSF. The database will have information up to the borrowers level of all microcredit organizations of the country including PKSF POs and Grameen Bank. The data will be kept at a disaggregated level like union/village, which may be used to identify areas in terms of intensity of microcredit program coverage.

iii)                 Disaster Coping Strategy: PKSF has provided Tk. 10 million to its POs as grant for creation of a Disaster Management Fund (DMF) by each PO. Each PO contributes a portion of their service charge earnings to this fund following DMF policy developed by PKSF. This fund is to be used for strengthening the disaster coping ability of microcredit clients through interest free loans following DMF policy guidelines of PKSF

iv)                 PKSF and Gender Equality: PKSF since its very inception recognized the fact that without the active participation of women who estimate 50% of the country's population, microcredit program would not be able to achieve its objectives. SO, PKSF encouraged its partners to target their microcredit programs to include mainly the women. To day, more than 90% of the beneficiaries of microcredit programs of its partners are women. PKSF is therefore playing an important role in empowerment of women.

v)                  GO-NGO Partnership: PKSF has very successfully established and developed GO-NGO collaboration in the field of poverty alleviation through the provision of microcredit.