A meeting for reviewing Annual progress of FY 2015-16 of Microfinance Program of DAM Foundation for Economic Development (DFED) was held at DAM head office conference room on July 28, 2016 with the participation of all Branch managers, Area managers and head office staffs. Honorable President of Dhaka Ahsania Mission and Chairperson of DFED Kazi Rafiqul Alam graced the event as chief guest. Honorable Executive Director of DAM and Secretary General of DFED, Dr. M. Ehsanur Rahman presided over the meeting. Director (TMD) of DAM, Kazi Abu Hashem and Director (TVET), Md. Shahjahan Mian was also present as special guest in the meeting. While welcome addresses Md. Asaduzzaman, Head of DFED focused on how microfinance can play an important role in poverty reduction and national development and urged all to work for that. In his inspirational speech, DAM President and Chairperson of DFED Kazi Rafiqul Alam emphasis on the expansion of DFED and scope of staff development.

In the meeting, elaborate discussion proceeds on major audit observation and MIS findings. For strengthening the program performance, different programmatic measures were discussed and accordingly set a development plan for the next Fiscal Year 2016-17 where minimizing portfolio at risk (PAR) and ensuring proper investment were given highest priority. Moreover a plan for employment creation and skill development also set for developing micro enterprise among beneficiaries of MFP in the upcoming year. The meeting was closed with the promise of achieving new development target.