| ABOUT FEDEC |
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FEDEC (Finance for Enterprise Development and Employment Creation) Derivation of Microenterprise (ME) programme is one of the key fundamental resolutions of PKSF. This has broadened the horizon of employment opportunities for the poor. FEDEC is a specially designed project aimed to strengthen and expand PKSF’s existing ME programme. Since March 2008, FEDEC has been working as a doorway for the graduating beneficiaries for stepping onto the upper level of self-employment and employment generation for others. FEDEC is segregated into three sub-components: Microenterprise lending, Training and Value Chain Development for the implementation of sub-sector operational activities. Microenterprise Lending: PKSF disbursed BDT 3.1 billion with a loan outstanding of BDT 5.39 billion at PO level while during the same period, POs loan outstanding at the field level stood at BDT 12.75 billion. Training and Workshops: FEDEC organized a series of training courses on ME management & lending, sub-sector analysis and value-chain development for PKSF and PO officials along with an workshop to revise the ‘Microenterprise Policy’. The project also organized 6 refreshers training for 123 PO officials and 66 skill development training for 1305 entrepreneurs on different trades. Value Chain Development At present, PKSF is implementing 7 value chain development projects through its POs to trim down the existing stumbling blocks in value chain and to create employment and income opportunities in these sub-sectors. During FY 2010-11, one value chain project titled ‘Floriculture’ implemented by RRF in Jessore region has been completed successfully while 2 new value chain projects- ‘Crab Culture’ & ‘High value vegetables cultivation & marketing’ has been initiated. A brief description of the on going projects is as follows:
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