BASA Foundation’s Micro Finance Programme

BASA Foundation’s Micro Finance Programme

Empowering Communities through Micro Finance: BASA Foundation’s Journey

In the battle against poverty, one organization has been a relentless beacon of hope for over three decades. The BASA Foundation, since 1991, has been committed to breaking the shackles of poverty through its Micro Finance Programme. This initiative is nothing short of transformative, touching the lives of countless individuals in need, particularly the poor and ultra-poor segments of society.

The BASA Foundation’s Micro Finance Programme has steadily expanded its reach, encompassing diverse regions within its operational boundaries. Its primary aim is to combat poverty, boost GDP, provide employment opportunities for the unemployed, and empower women to foster sustainable socio-economic development. Central to this endeavor is the Foundation’s credit programme, which relies on the support of the Palli Karma Sahayak Foundation (PKSF), member savings, and BASA Foundation’s self-equity.

In recent times, BASA Foundation has sought to meet the growing demand of its clients by securing bank loans at market rates. Additionally, the organization implements various other livelihood support programmes through its social projects.

Specific Objectives of Micro Credit Programmes

  1. Increasing Income: One of the primary goals of BASA Foundation’s Micro Credit Programme is to elevate the income of its member-beneficiaries, providing them with a tangible path out of poverty.
  2. Social Upliftment: A key aspect of the programme is to enhance the social status of its beneficiaries through awareness development. By educating and empowering the marginalized, BASA Foundation aims to foster positive social change.
  3. Women’s Economic Empowerment: The programme actively involves women as economic contributors, encouraging them to utilize funds wisely, increase their savings, and engage their entire families in income-generating activities. This approach seeks to create a ripple effect in society.
  4. Poverty Reduction: The programme strategically utilizes loans to improve the income levels of impoverished individuals, helping them break free from the cycle of poverty.
  5. Group Responsibility: BASA Foundation’s Micro Credit Programme promotes a sense of responsibility among group members. It’s not just about loans; it’s about cultivating leadership qualities and enhancing professional skills, all while generating income for struggling families.
  6. Raising Living Standards: By creating employment opportunities for rural poor communities, this programme uplifts the living standards of those who need it the most.

Micro Finance Offerings by BASA Foundation

  • Jagoron (Rural Micro Credit Loan)
  • Agrasor (Micro Enterprise Loan)
  • Shufalan (Seasonal, Agricultural Loan)
  • Buniud (Ultra Poor Program Loan)
  • PACE Project
  • Samriddhi program
  • Sanitation Development Loan (SDL)
  • Bangladesh Bank Re-Finance Schemes (BBRS)
  • Assets Creation Loan (ACL)
  • Livelihood Restoration Loan (LRL)
  • Life Development Loan (LDL)
  • Water & Sanitation Loan (WSSL)
  • Recovery and Advancement of Informal Sector Employment (RAISE)
  • BD Rural WASH for HCD Project

The BASA Foundation’s Micro Finance Programme is more than just financial assistance; it’s a comprehensive strategy to empower communities, eradicate poverty, and foster sustainable development. By focusing on both economic and social dimensions, the Foundation continues to be a driving force for change, making a difference in the lives of those who need it most. With their commitment and innovative approach, BASA Foundation exemplifies the power of microfinance in transforming societies and enabling individuals to build brighter futures.

Jagoron Overview

Jagoron is a specialized microfinance product aimed at providing financial assistance to those in need, primarily focused on helping the economically disadvantaged. Here are some key details:

  • Loan Limit:
    • Minimum: Tk 5,000
    • Maximum: Tk 99,000
  • Borrowers:
    • Total Borrowers: 23,557
  • Outstanding Balance:
    • Total Outstanding: Tk 54.50 crores BDT

Jagoron aims to empower individuals in economically challenging situations by offering accessible and affordable financial solutions.

Agrosor Overview

Agrosor is a microfinance initiative designed to serve the needs of the middle-income group, businesspersons, and small and medium-sized entrepreneurs. Here are some key statistics:

  • Loan Limit: Ranging from Tk 100,000 to Tk 2,000,000
  • Borrowers: A total of 9,610 individuals have availed loans.
  • Outstanding Loan Amount: Tk 88.25 crores BDT

Agrosor’s mission is to provide financial support to those seeking to improve their businesses and livelihoods in Bangladesh, empowering them to achieve their entrepreneurial aspirations.

Shufalan: Empowering Seasonal Agricultural Growth

Shufalan is a specialized loan program meticulously crafted to cater to the seasonal requirements of both marginal and middle-class farmers. Its primary objective is to facilitate and bolster seasonal agricultural crop production.

Key Features:

  • Loan Limit: Shufalan offers a flexible loan limit, ranging from Tk 20,000 to Tk 1,000,000, ensuring that farmers can secure the appropriate funding for their specific needs.
  • Borrowers: Currently, Shufalan has empowered 8,942 farmers with the financial resources they require to enhance their agricultural output and financial stability.
  • Outstanding Amount: Shufalan has disbursed an impressive Tk 18 crores BDT, making a substantial impact in the agricultural sector and improving the livelihoods of countless farmers.

Shufalan stands as a testament to our commitment to supporting the agricultural community by providing tailored financial solutions that aid in the cultivation and harvesting of crops. We believe in fostering a prosperous and sustainable future for farmers, and Shufalan is a vital step towards achieving this vision.


Buniad is a specialized microfinance product designed to cater to the needs of the most economically disadvantaged individuals.

Loan Features:

  • Loan Limit: Ranging from Tk 5,000 to Tk 29,000.

Key Statistics:

  • Total Borrowers: 10,121
  • Outstanding Loan Amount: Tk 1.08 Crores BDT

Buniad is committed to providing financial support and empowerment to those who need it the most, offering a lifeline to over 10,000 borrowers with outstanding loans amounting to Tk 1.08 Crores BDT.


BASA Foundation is actively involved in the development of the honey sector in Bangladesh through a project supported by PKSF as part of the PACE initiative. This project aims to provide training to 314 bee farmers and 4,000 bee crop producers. The training encompasses various aspects of bee farming and also includes raising awareness about the crucial role of pollination. The ultimate goal is to encourage a greater number of individuals to participate in honey production. Simultaneously, the promotion of pollination will lead to increased crop production, benefiting both the honey and agricultural sectors.

Samriddhi Program

The Samriddhi program, also known as “Enhancing Resources and Increasing Capacities of Poor Households Towards Elimination of their Poverty” (ENRICH), is an integrated development initiative that has been carried out by the BASA Foundation in collaboration with the Palli Karma Sahayak Foundation (PKSF) since 2014. The program is currently in operation in the Durgapur Union and Rayed Union within KAPASIA, GAZIPUR.

Certainly, here is the information formatted and regenerated:

Program: RAISE (Recovery and Assistance for Income and Self-Employment)

PKSF (Palli Karma Sahayak Foundation) aims to provide Entrepreneurship Development Training to support 90,000 youth entrepreneurs in securing full-time employment. Additionally, it seeks to aid 50,000 self-employed individuals adversely affected by the COVID-19 pandemic, who were previous borrowers and require assistance in re-establishing their enterprises or income-generating activities. PKSF will also focus on skills development training for 40,000 young individuals by engaging them with master craftsmen (Ustads). This program will involve 7,000 Master Craftsmen (Ustads) who will host apprentices to impart valuable skills.

Loan Limit:
Loan amounts ranging from Tk 51,000 to Tk 200,000 are available under this program to facilitate entrepreneurship and self-employment.

As of the latest update, there are no borrowers registered in the program.

Outstanding Amount:
The outstanding loan amount is reported as Tk 00.00 crores BDT.

Please note that the numbers and figures mentioned in this document are as of the latest available information.

BD Rural WASH for HCD Project

Agrosor is a microfinance initiative designed to serve the needs of individuals within the middle-income bracket, business professionals, and small to medium-sized entrepreneurs.

Loan Details:

  • Loan Limit: Ranging from Tk 22,000 to Tk 36,000

Borrower Information:

  • Total Borrowers: 30

Outstanding Amount:

  • Total Outstanding: Tk 00.08 crores BDT

This project aims to address rural water, sanitation, and hygiene (WASH) needs as part of the Human-Centered Design (HCD) framework in Bangladesh.

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