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Shamim Ferdous, Jason McKey, Qazi Afroza Sultana, Rabiul Islam, Romela Murshed Bangladesh Prothibondhi Foundation

Micro Credit, Economic empowerment and Self Employment in Norshindi (Bangladesh) Partnership with Job Placement, Australia. Shamim Ferdous, Jason McKey, Qazi Afroza Sultana, Rabiul Islam, Romela Murshed Bangladesh Prothibondhi Foundation. Facts of Bangladesh.

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Shamim Ferdous, Jason McKey, Qazi Afroza Sultana, Rabiul Islam, Romela Murshed Bangladesh Prothibondhi Foundation

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  1. Micro Credit, Economic empowerment and Self Employment in Norshindi (Bangladesh) Partnership with Job Placement, Australia Shamim Ferdous, Jason McKey, Qazi Afroza Sultana,Rabiul Islam, Romela Murshed Bangladesh Prothibondhi Foundation

  2. Facts of Bangladesh Population : 150 million Growth rate : 1.47% per year Population density : 1165 peopleper sq. km. Total Male : 52.2% Total Female : 47.8% aged 5 and above Per Capita Income : US $ 695 Rural Population : 87 % Rural Poverty decline : 53% to 44% Below poverty line : 40% (around) Total Health Expenditures per capita: US $ 58 Source: South asia.oneworld.net Nov 10, 2006 Bangladesh land mass less than 2/3rds the size of Victoria

  3. Women : >70% Lives in rural areas 92.05% are illiterate, poor, ill-fed and socially repressed : 50% work in rice cultivation Children (below 18yrs) : 61.75 million (45 %) Child Labour : 17.5% (7.4 million >5-17 yrs) : 52.6% ( 5-14 yrs) Children work in rural : 77% (BBS,ILO estimates 2002-2003) Literacy Rate National Literacy rate : 70% (aged > 6Yrs) Male literates : 57.2% Female literates : 45.8% (Bangladesh Population Census, 2004 )

  4. Disability Scenario Prevalence rate : 10% (14 million) (WHO Estimated) of any disability Some form of impairment : 14.04%(Action Aid Bangladesh, 1996) Children 2-9yrs : 6.8% (1988-1990) : 7.1 % (2001) Childhood survilance study (1988-1990) done by BPF % of Women with Disabilities : 49.6 (2000) BBS, 2006

  5. Primary Education • Gross Enrolment Rate : 82.7% (6 to 10 yrs old) Access to Children with Disabilities (CWD)in Education School-going age of CWDs : 11% (6 to 11yrs) CWDs out of education : 89% CWD- enrollment : 4 % Source: DPE and CSID, 2002

  6. Employment and Unemployment status Young people are becoming eligible for job : 2.7 million/ Yr Getting Employed : only 0.7 million People are unemployed : 30 million It would be : 60 million by 2015 (ILO estimated) Unemployment rate PWDs : 51.8% (men) : 97.2% (women) Work in agriculture, : 64% livestock and forestry Business : 14% Report : Daily News Paper Rural Poor Family Earning Total Family Income : <TK. 2000 per month Only 10.54% Women earn : <500

  7. Unemployment reasons of PWDs Scarce Income opportunities Lack of practical experience vocational skills Access to micro-credit facilities Economic consequence Exploitation & discrimination in Marketing Employers Refusal Opportunities: 10% Govt. quota services, 2% got job, self employed 86%, received micro-credit support 12% Disability survey, NFOWD, 2003

  8. The overall goal of the project is, how to develop economic empowerment of children with and without disabilities and their families.

  9. Objectives: • To empower children with and without disabilities, mothers and families and strengthening families economic condition and capacity building. • To proper investment of micro credit and rolling of the fund to improve quality of the family life. • To make children as a productive and independent member in the mainstream society.

  10. Partnership and Scope of Work Job Placement Ltd, in association with Corporate Compliance Partners Pvt. Ltd.( the donors) had a agreement with BPF for purchasing cows for CWDs families residing in Norshindhi and attending inclusive school and within CBR programme of BPF. Initially CWDs families were enrolled and it is increased for marginalized families with special consideration. Gradually the money is rolling with in the hard core poor (marginalized) children. Till now BPF disbursed the money among 49 families.

  11. The project focused on income generation for the poorest families and the cattle would belong to the children and their mothers. The extended family now benefited from the additional income. However it is important all parties realized that the project contributed empowerment of children and their mothers - thus overcoming dependency and poverty.

  12. Eligibility Criteria for Receiving Loan Introducing micro credit and income generation programme to the children with disability and/or those living in extreme poverty and their mothers are responsible for the care and upkeep of the cattle and refund the initial loan with no interest. Loan Disbursement : TK. 5,60,000 Loan amount per person : TK. 16,500 (approx) Interest Rate Nil Period : 2007-2009 Accounting System The CBR supervisor maintain refund register. Full invested money has been refunded at the end of 3rd year.

  13. Schedule of fund refund of a family and rolling Period Refund rate Monthly TK. Refund First 6 months 0 0 Months 6 – 12 TK. 400 TK. 2,400 2nd Year TK. 400 TK. 4,800 3rd Year TK. 400 TK. 4,800 Sale of 1st Cow TK. 4,500 At the end of 3rd year Total Refund would be TK. 16,500 Year and No of families Refund Yearly rate Total amount refund 1st Yr, (34) TK. 2,400/per family TK 81,600 reinvested to 5 new families (Tk. 16,320/family) 2nd Yr.(34+5=39) TK. 4800+2400 TK.1,75,200 reinvested to 10 new families (TK. 16,500/family) 3rd Yr (39+10=49) TK. 4800+2400 TK. 2,11,200 Sale from 1st cow (34) TK. 4500X34 TK. 1,53,000

  14. Reinvesting the refunded Money (Total refundTK. 13,600/month from 34 families and enrolled new families gradually ) 1st yr the families were 34, in 2nd yr 5 new families were enrolled. Now 10 families are included in 3rd year which is a on going process.

  15. Period Refund Rate 1st Year 14.57% 2nd Year 29.14% 3rd Tear 29.14% Sale of 1st cow 27.32% Total refund 100% % of the Refund Rate (yearly) Loan Disbursement TK. 5,60,000

  16. “Impact of microfinance on living standards, empowerment and poverty alleviation of children with disabilities and their families”

  17. Comparison of Monthly Income of Rubel’s Family ( 2005 and 2009)

  18. Out come The financial support has brought positive impact on the life styleof the poor children with and without disabilities, their mother and families. It has helped the families to come over the poverty line and to empower themselves.

  19. Possible Worth TK. 6,30,300

  20. Each family has 5 to 9 members. 238 family members of children with disabilities and hard core poor families are benefited from inclusive school and the project run by BPF with partnership of Job Placement in Norshindi district, Bangladesh.

  21. Changes of attitude in the civil society after self employment

  22. Conclusion Economic independence improve quality of life of rural women and their families. Money earning skill enhances capabilities and improves women’s security, autonomy, self-confidence and status with in the household. Effective financial support creates self employment and generate family income and provide safety net to those vulnerable segment of poor children and children with disabilities.

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