Rural women prosper with micro-credit
Wednesday, 24 November 2010
Our Correspondent
RANGPUR, Nov 23: Micro-credit has brought radical changes in the life of many poor women in Rangpur district.
A large number of poor women in the district have changed their lot by taking loans from various non-government organisations (NGOs).
Rural women who were virtually starving before are now able to manage their families by themselves by taking loans.
While talking to FE Asma Begum, of Kounia Upazila, one of those women said few days ago income of her husband, a poor day labourer was not sufficient to meet the basic requirements of their family. Then she decided to do something positive to change the fortune of her family.
She received loans from Grameen Bank and set up a dairy farm on the premises of her house. Now, she has five cows and six bulls in her farm. She also gets 25 litres of milk everyday from her cows. Her monthly income now is Tk 19000 to 21000.
Mosrefa Begum, another housewife of Santashpur village under Mithapukur Upazila in the district said she took loan of Tk 5000 from BRAC to start her own poultry business. She continued to expand her enterprise repaying and retaking loans from the same organisation every year.
Now Mosrefa is the owner of a poultry farm. She can save at least Tk 3000 to 4000 per month after managing her family.
The success stories of Asma and Mosrefa encouraged many women of their area. Following their examples hundreds of rural women have also become self reliant through various income generating activities by taking micro-credit support from the NGOs.
RANGPUR, Nov 23: Micro-credit has brought radical changes in the life of many poor women in Rangpur district.
A large number of poor women in the district have changed their lot by taking loans from various non-government organisations (NGOs).
Rural women who were virtually starving before are now able to manage their families by themselves by taking loans.
While talking to FE Asma Begum, of Kounia Upazila, one of those women said few days ago income of her husband, a poor day labourer was not sufficient to meet the basic requirements of their family. Then she decided to do something positive to change the fortune of her family.
She received loans from Grameen Bank and set up a dairy farm on the premises of her house. Now, she has five cows and six bulls in her farm. She also gets 25 litres of milk everyday from her cows. Her monthly income now is Tk 19000 to 21000.
Mosrefa Begum, another housewife of Santashpur village under Mithapukur Upazila in the district said she took loan of Tk 5000 from BRAC to start her own poultry business. She continued to expand her enterprise repaying and retaking loans from the same organisation every year.
Now Mosrefa is the owner of a poultry farm. She can save at least Tk 3000 to 4000 per month after managing her family.
The success stories of Asma and Mosrefa encouraged many women of their area. Following their examples hundreds of rural women have also become self reliant through various income generating activities by taking micro-credit support from the NGOs.