Organization:Development Initiative for Social Advancement

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Short description: Development organization in Bangladesh


Development Initiative for Social Advancement (DISA)
DISA Logo
Formation1993 (1993)
FounderMd. Shahid Ullah
TypeNon-profit
PurposeSocial development
HeadquartersDhaka, Bangladesh
Key people
Md. Shahid Ullah
(Founder & Chief Executive)
Revenue (2022)
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62 crore
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Expenses (2022)Increase
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57 crore
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Websitedisabd.org

Development Initiative for Social Advancement (DISA ) is a non-governmental development organisation in Bangladesh. DISA has been working for the rural people, especially women and children of the poor households of Bangladesh with the objectives of poverty alleviation, awareness building, social violence reduction, and empowerment of women to uplift their socio-economic status with microfinance, livestock development, education, health, skill development programs, and awareness-building activities

Economic Development

Microfinance programs have the objectives of reducing the poverty of the rural people & also alleviating the hidden hunger of children & adolescents. Microfinance has an attractive simplicity and a record of success not just in promoting financial resilience but in achieving other social objectives – reaching the excluded, empowering women, and developing the capacity of small groups of people to change their fate by themselves. The major purpose of DISA Microfinance programs is to provide financial support to poor women through credit delivery and encourage generating savings. DISA believes that micro-financing to the poor is an essential activity, which is to be supported by a social development package for alleviation of poverty in any community.

The Microfinance Program of DISA is funded by Palli Karma Sahayak Foundation (PKSF), Stromme Foundation, some Private Banks, and DISA’s own funds.

Social development

Along with microfinance the organization runs social concerns: Aloghar, Aloghar Prakashana, Aloghar Nursery, Matribhumi Dairy Foods Limited (MDFL), DISA Institute of Science & Technology (DIST), Matribhumi Fashion, and DISA Training Centre (DTC).

Locations

Its flat organizational structure consists of four tiers: head office in Dhaka, 5 zonal offices, 20 area offices, and 102 branch offices. The branch offices are the main channel through which their core loan products (Jagoron, Agrosor, Sufolon, Buniadand other MF products) are disbursed. Each of its 102 branches in Bangladesh is a self-sufficient unit, run by: a branch manager, an accounts officer, and some credit officers. The branch manager is allowed to approve all transactions within the branch, provided the guidelines by an operating manual.

See also

References

External links