Economic Development Component is one of the major components of the integrated service of ENRICH program. Diversified and flexible loans are provided for income generation at family level on Income Generating Activities Loan (IGL), Asset Creation Loan (ACL) and Livelihood Improvement Loan (LIL).

Income Generating Activities Loan (IGL):

DDJ has been providing this loan to the ENRICH households (HHs) for maximum 24 months with 6 months grace period. The loan amount ranges from Tk. 100,000/- to Tk. 1,000,000/-. Annual 5.5% to 8% service charge (on declining method) is applicable for IGL and weekly, monthly, quarterly and one time installment is taken from the borrower under IGL.As on 30 June 2019 loan disbursement under IGL is Tk. 99,618,000.00 and loan outstanding is Tk. 33,624,385.00.

Asset Creation Loan (ACL)

DDJ has been providing this loan to the ENRICH households (HHs) for maximum 36 months with 6 months grace period. DDJ provides maximum Tk. 30,000/ to a HH at a time.Annual 8% service charge (on declining method) is applicable for ACL and weekly, monthly, quarterly and one time installment is taken from the borrower under ACL.As on 30 June 2019 loan disbursement under ACL is Tk. 14,830,000.00 and loan outstanding is Tk. 4,518,526.00.

Livelihood Improvement Loan (LIL)

DDJ has been providing this loan to the ENRICH households (HHs) for maximum 24 months with 1 month grace period. DDJ provides maximum Tk. 10,000/ to a HH at a time. Annual 8% service charge (on declining method) is applicable for LIL and weekly, monthly, quarterly and one time installment is taken from the borrower under LIL.As on 30 June 2019 loan disbursement under IGL is Tk. 5,740,000.00 and loan outstanding is Tk. 933,279.00.