Savings accumulates capital and assets can be a great help in the period of unexpected risk or disaster occurrence. To encourage the target-people to make a regular habit of depositing savings, GRAMAUS has been putting a variety of savings schemes into action illustrated below. As on 30 June 2023, the savings balance took the figure of Tk. 37.23 Crore, with the growth rate of 25.66 percent.
Credit Operation: Performance and Trend
To stay in income generating activities sustainably, capital availability is very vital. Supply of fund to the economic activities of the group-members regular-basis keeps them steady and lively in their venture, which, by degrees, augments the credit demand. GRAMAUS continuously disburses credits to the group-members in line with their need and capacity.
The credit products of the organization are casted into the nature and types designed from the consideration of socioeconomic conditions and feasibility of the target-people. The products are: Jagoron, Agrosar, Buniad, Sufolon, ENRICH, Of which, Buniad (for ultra-poor), Jagoron (for moderate poor and lower class) and Agrosor (for middle class and micro-entrepreneurs) are principal credits. A member can receive a special credit along with a principal one in line with his/her capacity and need.
Innovation and Microenterprise Promotion
GRAMAUS constantly patronizes the new-ideas and creativities of the group-members in economic activities, especially: new product, methodology, market, input and raw material sources in their income generating activities to boost up micro enterprises, which is considered as basic economic unit in the developing countries akin to Bangladesh. The organization, since the beginning of the undertaking economic development program, has been nourishing innovative group-members through providing them with financial services, technical supports, training, market-linkage, and the like to promote micro enterprises, which gradually turn into small and medium enterprises, in where wage-employment opportunity is extended and the total process gives the birth of a vibrant contribution to the national economy.