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\\\'One home one farm project\\\' progressing in Nilphamari

Our Correspondent | Monday, 13 July 2015



NILPHAMARI, July 12: 'One Home One Farm Project' of Rural Development and Co-operative Division of the Ministry of Local Government, Rural Development and Co-operative is making huge contribution in eradicating poverty in Nilphamari district.
While contacted project officer of Nilphamari sadar upazila Moksedul Hoque said, there are 32,400 members in 540 samitees (Associations) of the district and each samitee consists of 60 members.
He also mentioned that excluding the aforesaid 540 samitees there are 12 other extra samitees exclusively in Kishorgonj Upazila for the rehabilitation  project of 997 beggars in that upazila.
The office sources said each and every samitee member is provided with loan of an amount of minimum Tk 5000 to Tk 20,000 on 8 per cent interest rate to repay within a year. The families are also imparted training and motivation to run small business and rear goats, cows and so on. A samitee member needs to save Tk 200 per month in his saving account and the government provide subsidy equivalent to the amount saved by the respective member.
The total savings of the members of the project and equivalent amount of government subsidy constitute a revolving fund meant for the project.       abumusa88@gmail.com