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Micro Finance
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Prof.
Qoumrul Hoque Memorial Endowment
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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.
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Objective: The endowment fund will be
utilised for the following purposes:
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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.
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Support, out of surplus generated from
the endowment, the initiatives of the enterprising but
needy members of Minority Welfare Society in acquiring
intellectual property.
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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.
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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.
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