Pidim Foundation

Pidim stepped into 29 years of its journey towards its goal for amelioration of economic and social status of the poor and marginalized community, since 1995. It often had to travel a dicey and tortuous path and yet not to lose sight to its goal. The progress that it has made so for bears the testimony of organizational capacity to sustain and grow. This report narrates the progress made in fiscal year 2022-23. The operation of Pidim’s microfinance program encompassed 81,200 members under 347 Unions of 63 Upazilas in 15 districts viz. Dhaka, Tangail, Manikganj, Gazipur, Narsingdi, Narayanganj, Munshiganj, Comilla, Sherpur, Mymensingh, Brahmanbaria, Faridpur,Gopalgaj, Chandpur and Noakhali In total BDT 7389.15 M was disbursed among 62,318 borrowers belonging to 5,243Credit and Savings Group (Samity) and at the same time BDT 6689.09 M was realized against the loan.The average loan size was BDT1,01,743 and the rate of On-Time-Realization was 98.20% and Cumulative Rate of Return was 99.23%. The net income from the micro lending operation stood at BDT 67.57 m as on 30 June 2023. The total organizational equity capital as on the date was BDT 859.55 M and the growth was 8.21% comparing to previous year. Organizational Self Sufficiency was 102.35% and Financial Self Sufficiency 100.78% (year 2023).

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