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Mon February 06, 2012
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(An Islamic Microfinance Model)
Home Objectives Saving Plan Target Area Performance of RDS Documentation Center Fund
RDS Contents
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Introduction
Objectives
Integrated Development approach
Target Area
Command Area and Baseline Survey
Target Group
Purpose, Period and Ceiling of investment
Rate of Return
Security Requirements
Savings Plan
Centre Fund
Modes of Investment
Sanction and Disbursement
Documentation
Modus Operandi
Supervision, Follow-up and Monitoring
Investment under MEIS
Performance of Rural Development Scheme (RDS)
Savings Plan
  • The members of the Group have to open Mudaraba Savings Account (RDS) in their individual names with the Branch from the very inception of the Group activity.
  • This Mudaraba Savings Account is non-cheque account, which induces the clients to make a habit of compulsory savings.
  • This savings may, however, be withdrawn by the member if he does not have any other liability with the Branch in any way.
  • The weekly compulsory savings is minimum Tk.20.00 only.
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