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May 23, 2000      

 

Kushtia, May 22 (UNB) – As part of its commitment to help the poor, Bangladesh Rural Development Board (BRDB) distributed loan amounting to Tk 11 crore among landless people, particularly women, in its Kushtia zone in last 11 months.

 

BRDB started providing loan in July 1999 in the zone under a program to rehabilitate distressed people through cooperatives, officials said.

 

There are 1,040 cooperatives, including 461 male and 826 female ones, in the zone comprising 12 thanas of Kushtia, Chuadanga and Meherpur. Some 11,986 men and 18,092 women are members of these cooperatives.

 

The officials said the cooperative members have so far deposited Tk 44.90 lakh while their savings rose to Tk 62.46 lakh.

 

The history of BRDB Kushtia zone dates back to 1973-74 fiscal year when it was known as IRDP. It had disbursed Tk 59 crore till 1994 and realized Tk 53.20 crore.

 

Of the amount, Tk 2.23 crore was disbursed among the marginal farmers for cultivation while Tk 6.15 crore for purchasing irrigation machinery through Krishak Samoby Samity till 1990. The recovery rate of this farm loan is 62 percent.

 

BRDB also disbursed Tk 7.36 crore loan through women cooperatives and its recovery rate was 78 percent.

 

As per BRDB rules, those who have lands below 50 decimals and those who are day-labourers are eligible to be member of its cooperatives, which takes Tk 10 from every member a week as their savings.

 

BRDB cooperatives also arrange training for the family members on cattle rearing, sewing, vegetable cultivation and cottage industries, the BRDB officials added.

 


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