Nessa Memorial Womens’ Endowment
This initiative have taken from the year 2010 for poor &
old aged widows giving cash of Rs.500/- per month
initially for 25 women in the name of late beloved mother
of the Chairman.
Prof Qoumrul Hoque
Memorial Endowment for Microfinance
ERDF has set up the Professor Qoumrul
Hoque Memorial Endowment in fond memory of late Prof
Qoumrul Hoque, the elder brother of Mahbubul Hoque, who
was a pioneer in establishing many educational
institutions in Karimganj district of Barak Valley. But
Prof Qoumrul Hoque passed away at a very young age leaving
the mantle to his younger brother Mahbubul Hoque,
Chairman, ERD Foundation.
Objective: The endowment fund will be
utilised for the following purposes:
Implementation of micro finance
scheme to finance small and medium business initiative of
needy and economically weaker section of Minority Welfare
Society, a Society of Minority Community of Barak Valley
of Assam, now settled in Guwahati and registered under
Societies Registration Act.
Support, out of surplus generated
from the endowment, the initiatives of the enterprising
but needy members of Minority Welfare Society in acquiring
Initial Fund: The Prof Qoumrul Hoque
Memorial Endowment has been set up with initial fund of Rs.
100000.00 (One lakh). Based on the efficient management of
the endowment and benefit derived by the target group, the
ERD Foundation will contribute additional fund to the
endowment from time to time.
Administration: The Prof Qoumrul
Hoque Memorial Endowment will be administered by the
Minority Welfare Society, Guwahati. The Minority Welfare
Society has already launched a micro finance scheme and
under the scheme has financed 10 members of the Society
for carrying on small businesses in Guwahati.