Know about select credit programs of RAKUB

Expanded Maize Cultivation

Maize cultivation program was introduced in the vast char land of Lalmonirhat district during 1999-2000. This special program has created positive socio-economic impact on the people of the region. The program was also introduced in Sherpur and Dhunat upazillas of Bogra district where vast area of land was brought under maize cultivation. The bank has taken an initiative to introduce special credit program for establishing maize processing industry, chatal and godown.

Papaya Farm in 50 acres of land

A project named 'Ma-Moni Krishi Khamar' in Iswardi upazilla under Pabna District, financed by RAKUB for cultivation of papaya and other crops has been running successfully. The pioneer project has inspired other farmers in mixed farming.

Pineapple and Vegetable Farming in 33 acres

'Bokchi Krishi Khamar' established in Rangpur District under financial assistance of RAKUB for production of pineapple, vegetable and spices is also running successfully. The complex also accommodates poultry and dairy farms.

Nursery for Medicinal plant and Orchid

Rajshahi Krishi Unnayan Bank has been extending credit for nursery of medicinal plants, growing orchids and trees for fruits and timber with a view to making the tree plantation program of the government a success one and creating self-employment opportunities for the less educated and unemployed youths. The bank has worked out well-defined policy for establishing nursery.

RAKUB Milk Village

The bank continued financing under the special lending program entitled 'RAKUB Milk Village' in eight villages of Mithapukur upazilla under Rangpur district. Aim of the program is to develop a concentrated milk area with a view to facilitating increased milk production. The program maintains a satisfactory rate of loan recovery.

Small Scale Poultry

The bank continued providing financial support for small-scale poultry farming. The program has immensely inspired the unemployed youth for obtaining self-employment.

Other Programs
RAKUB self-help credit program (RSCP)

RAKUB has been playing an important role in implementing programs for poverty alleviation in the northwest region. RAKUB self-help credit program (RSCP) is one of the important programs amongst eight ongoing poverty alleviation programs of the bank. Recovery of loans is satisfactory.

New special programs has been launched in joint collaboration with government agencies, autonomous bodies and NGOs for production of cash crops considering climatic condition of the area under the bank