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BASTOB - Initiative for People's Self Development


 

BWTP Member Profile:


BASTOB - Initiative for People's Self Development


Address: 4/7 Humayun Road, Block-B, Mohammadpur
City/Country: Dhaka-1207, Bangladesh
Contact Person: Mr. Ruhi Das
Executive Director
Contact Number:

+880-8128805, +880-2-9111531

Fax Number: 9121586
Email Address: bastobdhaka@gmail.com; info@bastob.org
Website: www.bastob.org

MEMBER OVERVIEW 

BACKGROUND
BASTOB is a non-profit, voluntary organization working in various development fields with disadvantaged segments of society, especially women and children. Its name is derived from the Bangla word meaning practical or reality- the simple reality that our world contains many social and economic disparities. BASTOB’s development activities focus principally on the underprivileged populations, who have no opportunity to participate, contribute or benefit from their economies. It’s aim is to therefore create an opportunity for these people to be included in a world that they have largely been left out from.        
Since its inception in July 97, BASTOB has organized, explored and initiated many activities, with help from various individuals and partners, in it’s effort to eradicate economic and social issues. The experienced, energetic, dynamic and committed organizational network of BASTOB has made it a fast growing and successful institution within a short period of time in the development arena.
   
VISION
BASTOB envisions a Society in which poor and disadvantaged people are developed and self-reliant.
MISSION STATEMENT
BASTOB is a non-profit, voluntary development organization working in the areas of institution building, income and employment generation, health, human resource development, education and promotion of culture for the disadvantaged segment of the society especially for women, youth, and children.
BASTOB's goal is to establish a people-initiated development process and to ensure socio-economic development of people.
BASTOB is committed to follow people's participation, institution building, human rights, gender equity, environment friendliness, poverty alleviation and people's sustainability in achieving its goals.
BASTOB is following a path of organizational sustainability, consistent with people's self-reliance.
Considering development as a complex process, BASTOB encourages partnership and networking with Government and other like-minded organizations.
BASTOB has experienced, energetic, dynamic workers and members committed to achieve its goals. It believes in people's capacity and creativity and also in participatory management and is committed to ensure participation at every level.

OUTREACH 

Number of Clients Served

    10,765

Number of Active Borrowers

       8,448

Male

          828

Female

       7,620

Number of Active Depositors

       10,765

Male

          983

Female

       9,782

PROGRAMMES 

Social Development Programme
BASTOB Social Development Programme includes programmes and activities related to awareness and empowerment of poor people on community development, human rights, education, gender equity and health issues as well as humanitarian services to the poor people during natural calamities.
Income and Employment Generation Programme
BASTOB Income and Employment Generation Programme emphasizes the economic aspects of its target population. Under the auspices of BASTOB Income and Employment Generation Programme, BASTOB has been implementing “Micro-Finance Programme” for economic development of its whole target population that includes youth and poor men and women.

FINANCIAL INFORMATION 

(In US$)  
Average Loan Balance per Borrower 

 $ 192.79

Average Savings Balance per Saver 

 $ 47.31

Total Assets 

 $ 2,234,076.66

Savings

 $ 509,287.21

Equity

$ 199,765.20

Outstanding Loans 

 $ 1,628,670.27

Gross Loan Portfolio

 $ 1,628,670.27

   
Capital/Asset ratio

8.94%

Debt to Equity ratio

8.27%

Deposits to Loans

31.27%

Deposits to Total Assets

22.8%

Gross Loan Portfolio to Total Assets

72.9%

Return on Assets

1.6%

Return on Equity

14.2%

COMPARATIVE PORTFOLIO STATUS REPORT YR 2007 - 2009 

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