Dhaka, Bangladesh
MCCHSL sets example in resolving housing crisis

MCCHSL sets example in resolving housing crisis

The Metropolitan Christian Cooperative Housing Society (MCCHSL) has set an example in Bangladesh cooperative sector. Housing crisis is a major problem in city life. This problem is more severe in densely populated cities like Dhaka. Cooperative efforts are doing a good job alongside government and non-government enterprises to mitigate the crisis, says a press release. In this regard, the Metropolitan Christian Cooperative Housing Society Ltd has achieved a remarkable success. It is mentionable that the housing society, which has now been emerged as a pioneering organization, was established in 1977 with a slogan "we are promise to resolving the housing crisis to Christians living in Dhaka". The number of present society's members is almost 30 thousand. The total capital is almost 13 hundred crores taka. The society is giving interests as an attractive rate on different terms like HDPS project, deposit project 25 times in 25 years and money builder project. It is playing an exceptional role in procurement of members, savings, deposit, and giving loans. The society has also earned an outstanding achievement in capital, share capital, share deposits and F.D.R. The work the society is to sell plots after developing the lands after purchasing it and sell the flats after building apartments. The society developed land in Gazipur, Mawsaid, Savar, Raja Bazar, Mirpur, Mohskhali and Vatra for the plot project. The total number of plots the above mentioned project is 1595 of which most of them have already been allotted. In this project, a total of 96.79 per cent of land has been allotted for church and community centers, that is exceptional compared to other housing projects. Low-cost housing project of the society in Gazipur among plot projects is a visible instance. Work for cooperative housing project of low-cost started in 1980 in Pagar. Activities of that project are basically mobilized with purchasing a total of 2.50 bighas of land through a donation of Doez mark 96000 from Mijarior, a donor organization of West Germany, in 1984 with the support of caritas Bangladesh. Total number of plots are 30 in this project. All plots have been allotted among the low income members of the society. The other product of housing society is flat project. There are 15 flat projects in Mirpur, Rajabazar, Monipuripara, Tejkunipara, Kafrul, Pagar, Nodda and Dokkhinkhan areas in the name of "Nir". Total number of flats is 207 of which most of them have already been allotted. The society is giving loan support to its members to purchase plots and flats on a regular basis. For this, the society is giving maximum Tk 15 lakh as loan. At the same time, it gives opportunity to its members to pay the loan provided on installments within 15 years. Besides, it gives regular profits to its members. The society conducts various service-oriented activities considering social responsibility alongside maintaining its routine work. It has launched student project to make student adroit for their professional life targeting study facilities for the poor and talented students. 25 to 30 people are appointed each year. Besides, it has adopted special donation projects to help poor students in their education. It also observes many important national and international days including cooperative day, women day etc. and "Nir" that is published once in two months aims at spreading the messages about the society to every corner of the country. Head office of the society is situated at Tejkunipara in the city and society's activities are being conducted through some service centers which are in Nodda, Hasnabad, Golla, Shulpur, Pagar, Savar and Tumilia. In the meantime, an initiative has been taken to build a multi-stored building for its own head office in a bid to conduct its activities. After all, the Metropolitan Christian Cooperative Housing Society Ltd has set an example in the arena of cooperative especially in housing cooperative considering all these like product, service, members, savings, deposits, loan giving, capital, management and leadership. Under the leadership of chairman Mr. Augustine Purification the society is going on towards utmost development.

Share |