Impact of credit programs of Sammilon foundation

Abstract

In order to provide a student with job exposure and an opportunity of the transition of theoretical knowledge into real life experience, an internship is a must. A better balance between theory & practice can be gained through this program. The report is a combination of three months internship program with Sammilon Foundation. This term paper gives a brief overview of the historical background of Sammilon foundation along with its organizational structure, financial and non‐financial products and its loan disbursement procedures. To prepare this report both primary and secondary sources of data have been used. Apart from this a questionnaire has been made and did a survey on 30 regular clients. Growth and overall performance of Sammilon Foundation is also measured by using some of the financial tools. It also includes lending criteria and lending principles of this foundation. It also describes in details about the procedure of sanctioning credit, loan recover policy, and execution, stamping witness and other legal formalities. In the end, overall suggestions are given on the organization as a whole.