• House 04, Road 1 (Main Road), Block A,
    Section- 11, Mirpur, Pallabi, Dhaka- 1216.

  • +88 09613-444111
    +88 01819850148

  • info@shakti.org.bd

The 28th Annual General Meeting

The 28th Annual General Meeting of Shakti Foundation was held at the Shakti Bhaban on 27 September, 2018. The meeting was chaired by our Chairperson Mahbuba Akter Mahmud.

Dr. Nilufar Banu, Tahira Huque, Moammad, Khalid Shams, Professor Nazrul Islam, Khondokar Mozammel Huque, Justice Tofazzol Islam, Mahera Khatun, alauddin Abul Majid, Dr. Taufique Ali and Humaira Islam PhD were also present on the occasion.

JVA With iDE

iDE - Bangladesh and SHAKTI Foundation for Disadvantaged Women have signed a joint venture agreement to collaborate with the objective to establish financial mechanisms to support women entrepreneurs of Women’s Economic Empowerment through Strengthening Market System (WEESMS) Project.

This JVA between the two organizations is considered as an agreement regarding “how” the parties will collaborate to introduce the rural women entrepreneurs of WEESMS to Shakti, build their capacity on Financial Literacy, and use Shakti Foundation as an Access to Finance solution provider for the entrepreneurs through the partnership.

The objective of the JVA is to establish a road map for the aforementioned rural entrepreneurs using Shakti Foundation’s platform of microfinance.

Agent Banking

Bank Asia and Shakti Foundation recently signed an agreement aiming to promote digital financial inclusion among Shakti’s beneficiaries. Md Arfan Ali, President & Managing Director of Bank Asia and Humaira Islam PhD, Founder & Executive Director of Shakti Foundation inked the agreement.

This partnership agreement has been facilitated by the MetLife Foundation and MicroSave on behalf of Shakti Foundation for digitization of various micro-credit transactions, repayment and savings deposit of Shakti Foundation beneficiaries through the agent banking of Bank Asia.

The ceremony held January 18, 2018 at the Head Office of Shakti Foundation at Mirpur in Dhaka.

Mobile Banking

Shakti Foundation introduced mobile banking in December 2015 as part of a financial inclusion initiative to include all its members

The Mobile Banking facilities give clients more flexibility. Financial transactions are made through a mobile account instead of cash, thereby reducing the risk of carrying money. Members conduct business transactions through their mobile accounts using savings, deposit, payment and transfer services.

Mobile Banking Through bKash

bkash-logo bKash Limited, the largest mobile financial service provider in the country, has signed an agreement with Shakti Foundation for Disadvantaged Women, to facilitate loan disbursement and repayment for its members through bKash. Besides, around 0.5 million members of Shakti Foundation will also be able to deposit their instalment for savings scheme maintained with the Shakti Foundation through bKash, a subsidiary of BRAC Bank.

Mobile Banking Through Rocket

rocket-logo “Dutch-Bangla Bank pioneered Mobile Banking in Bangladesh. It was the first bank to offer banking facilities without bank branch which provides financial services to unbanked communities efficiently and at affordable cost. Shakti Foundation with joint collaboration with DBBL-Rocket disburses loan and collects loan and savings installments through Mobile Banking Platform. This opened a gateway for the members of Shakti Foundation to be a part of the Digital Financial System (DFS).”

Youth Spark: Technology-based Skills Development

In 2017 Shakti Foundation in collaboration with Microsoft, initiated a new computer based training program for women’s skills development.

The program offers two workshops

Basic Digital Literacy: A 5-day workshop on how to use basic office software such as Microsoft Word and Excel, and to create CVs.

Systems Engineering: A 10-day workshop on hardware and software installations, available to clients who excelled in the Basic Digital Literacy workshop.

So far 50 women have started technology-based businesses
a) Computer training centers b) Online business/ Ecommerce
c) Sales centers d) Repairing and servicing centers

ENRICH Program

Shakti was selected to start a partnership with ENRICH, the Union Development Program created by PKSF, in February 2018

ENRICH is an integrative program that aims to reduce poverty through a multidimensional approach targeting health, education, skill training, youth and community development, in addition to income generating activities. The program assigns one Partner Organization in a union to effectively implement a range of activities to ensure total development of the area. Shakti will serve as the Partner Organization in the Majidpur union of Titas upazila in the District of Comilla.

Shakti Shikkha Britti

Education plays an important role in improving the quality of life, reducing poverty and attaining sustainable economic growth.

Shakti Foundation places great emphasis on member's children’s education. In 2009 Shakti Foundation introduced educational scholarships under “Shakti Shikkha Britti” program for children obtaining Golden GPA or GPA 5 in SSC examinations. All awardees are given funds for college admission and requisite educational materials,so that they can become skilled human beings and realize their full potential