Interest Free Loan Fund Overview

Sources of the fund

• Total donations received৳ 27,81,000
• Less: refunds to donors(৳ 5,000)
• Add: hadiyah (gifts) and other incomeGifts from borrowers who repaid more than they borrowed. Never requested.৳ 20,800
• Less: loans written offDebts that the committee has written off and the fund has absorbed as charity.(৳ 83,700)
• Less: cost of running the fundOffice costs, travel, and bank and mobile money charges.(৳ 2,00,109)
• Total Qard Hasan Fund৳ 25,12,991
• Add: loans from donors, repayable on requestNot a donation. The fund must repay it.৳ 2,00,000
• Total fund assets৳ 27,12,991

Taken from the ledger; the total reconciles.

By amount

All instalments that have fallen due add up to ৳ 19,46,100. This shows how they were paid; the unpaid part is the overdue amount.

• Paid on time৳ 17,30,10089%
• Paid after the due date৳ 62,6253%
• Written off৳ 83,7004%
• Overdue৳ 69,6754%

By borrower

68 borrowers with instalments now due

• Paid every instalment on time4566%
• Paid after the due date, now up to date46%
• Debt written off34%
• Currently overdue1624%

924 of the 1,005 instalments that have fallen due were paid on the due date.

By loan

127 loans disbursed in total

• Recovered in full6954%
• Being repaid5543%
• Written off32%

Average loan ৳ 22,776. ৳ 83,700 owed by 3 borrowers has been written off and absorbed by the fund as charity.

By gender

73 borrowers helped

• Women5981%
• Men1419%

14 borrowers assessed as eligible for zakat received ৳ 5,47,400 from zakat funds.

By age

73 borrowers helped

• Under 25912%
• 25 to 341622%
• 35 to 441622%
• 45 to 592027%
• 60 and over1216%