Context of establishment of 'DANNOY-DHAR':

Some philanthropists of the department were providing financial support to younger brothers and sisters who were suddenly in danger during the Corona crisis. Then this idea came to my mind. I was thinking - there are many who would hesitate to take this help, and would be embarrassed. It won't work if you don't take it again. Many will not come willingly. He has to be found which is very difficult. The money that comes in aid can be distributed among only a few people.

The most important thing I thought was - today that student is accepting donations or support, after a few days he will be a BCS cadre, or a teacher, or a senior official of any other institution. Then this gift will make him suffer, he will suffer from inferiority. It will create a mental discomfort.

Just then I thought, if we lend the same money without donation or cooperation, then the students can be rescued from the sudden danger by lending the same money to many other people for the whole life instead of one person. Our money will stay with us, and many people will be benefited. Just as donation is an act of worship or good deed in Islam, lending is also an act of worship or good deed.

The thought is the action. Post my ideas on the department's Facebook group. We started the main activities with the help of many people. I give the name 'don't give, borrow'. This program started with two lakh twenty six thousand taka (2,26,000/-) given by a total of 33 students (founding contributors) of the Department of Environmental Science. Till date four lakh seventy thousand five hundred taka (4,70,500/-) has been lent 57 times to 37 people. A minimum of Three thousand taka (3000/-) and a maximum of Twenty thousand (20,000/-) taka has been loaned to a person.

Md Rakibul Hossain, the founder of 'Don't Donate, Borrow', is a former student of the first batch of Environmental Science Department of Jahangirnagar University (28th batch). Place of Birth: Tangail. Present residence: Kalabagan, Dhaka (rented house). Occupation: Management Consultant & Trainer, CQS.

Implemented Quality Management System, Environmental Management System and Health & Safety Management System in more than 40 organizations in Bangladesh and provided training on management system implementation. Md Rakibul Hossain founded a consulting firm called Center for Quality Solution (CQS) in 2012 and is currently working here.

In the beginning, 'DANNOY-DHAR' was just an idea. We call those 33 contributors 'Founding Contributors' who have helped make this idea a reality by providing financial support from nothing. Their names and titles are mentioned on this website to commemorate their contributions. Click on 'Founding Contributor'. 

'DANNOY-DHAR' is administered through pre-determined different branches. The concerned past and present students of each branch lend money or donate as much as they can. In many cases support is provided directly from the 'DANNOY-DHAR' fund subject to availability of funds.

'DANNOY-DHAR' managers collect funds directly from individuals or organizations through Facebook campaigns. Funds are taken from individuals as loans (refundable) or donations (non-refundable).

The donation collected from the company is taken as sponsorship. Since being taken as a sponsor, as per the agreement, the company will run campaigns on Facebook along with 'DANNOY-DHAR' through paid campaigns.

'DANNOY-DHAR' is essentially a completely interest-free loan program for university students. This loan is given to university students through designated branches. Any student of the branch can take this loan. Rich, poor, talented or less talented, religion, caste are not considered in lending. Anyone of a branch can take a loan according to their needs.

* But no loan is granted to a person who is intoxicated or involved in any crime.
* After taking the loan, the loan is sanctioned on the strength of the applicant's commitment as to how and after how long the loan will be repaid.
* Applicant cannot borrow for others.

Before taking a loan, read Terms and Conditions carefully.

Loans are provided for any need in the welfare of students. Some examples are given for everyone's convenience.

1.  Buying mobile.
2.  Purchase of computer, laptop or monitor.
3.  Buying a new or used bike.
4.  Assisting in various courses like GRE, IELTS, TOEFL.
5. Financial support to continue studies if tuition is not available.
6.  Purchase of job applications.
7.  Purchase of academic or job preparatory books.
8. Support for medical expenses in case of illness.
9.  Financial assistance to go abroad for higher education.
10. Temporary financial support in the family's financial situation.
11. Support for medical expenses in case of illness of parents.
12.  Financial assistance in pre-employment preparation.
13. Financial assistance to small businesses to continue education.

'Dannoy-Dhar' helps in any such charitable work. Click here to know what works students have borrowed so far.

If a student is willing to take a loan, he/she should apply through this website. Click here to apply If you have any questions while filling the online application form, you can call our volunteers. If you want, you can discuss with us in detail before filling the application form (all our volunteers are busy with their own work, don't get upset if you don't pick up the phone).

On receipt of the application form by the administrator, the loan approving teacher of the concerned branch or authorized representative of 'DANNOY-DHAR' verifies the applicant's information and verifies whether the applicant is able to keep the commitment and repay the loan. After verifying whether the applicant is involved in any illegal activities and is under the influence of drugs, the loan is granted. However, in special cases, the admin (founder, of this initiative) of ''DANNOY-DHAR'' can give full approval for direct lending.

If the loan is approved, the applicant is notified through SMS and email. Applicant's ID, login password is given in the email. The loan is disbursed by check or Bkash when the applicant prints the online form and emails it with signature.

Applicant can check his loan status anytime with his ID. When it is time to repay the loan, the applicant is given a reminder by phone or mobile message. In case of not responding to repeated reminders, not extending the loan period or breaking the promise despite being able to repay the loan, the full identity of the applicant (with photo) is published on the 'Uncommitted Member' page of the website until the loan is repaid.

The loan repayment time limit is fixed by negotiation with the borrower. Generally the tenure is fixed from 3 months to 6 months. In special cases the period is fixed up to one year subject to sufficient funds.

A 'DANNOY-DHAR' will generally not lend to someone who is not committed to the loan or unable to repay the loan. Failure to collect the loan will actually fail the main objective of this institution and the students will be deprived of the assistance.

Therefore, a strong role is played in debt recovery. If he fails to pay the loan at the initial stage, he is repeatedly warned, if he does not respond to repeated reminders, if he does not extend the loan period or if he breaks the promise despite being able to pay the loan, the full identity of the applicant (with photo) will be made an 'uncommitted member' of the website until the loan is paid. ' published on the page.

However, if unable to repay the loan at once, it will be considered subject to discussion in the committee.

No collateral or guarantor is required to borrow from 'Dannoy-Dhar' institutions. No certificate is submitted. The promise of the donor is our only recourse.

Poor, talented, untalented, anyone in need can borrow from this institution, regardless of the financial situation of the borrower or his family. .

Borrowers or Donors must also borrow for their needs. If desired, lenders can take back their own loans subject to sufficient funds.

All the funds of the 'Don't Donate, Borrow' organization are in Agrani Bank, Jahangirnagar University Branch. H

Account is managed by

Professor Dr. Syed Hafizur Rahman (Sir)

Md. Rakibul Hossain

100% transparency in accounting is ensured in the 'DANNOY-DHAR' program:

1. Those who contribute are mentioned on the website with their picture, name and amount of money. Everyone can see how much money has been deposited. Click here.

2. Details of all the sponsored companies are mentioned on the website. Everyone can see the total amount of money deposited as sponsors. Click here.

3. The most important thing is that everything in this program is run by volunteers. Apart from website maintenance and paid campaigns on social media, there are no operational costs. So there is no chance of resorting to dishonest means by showing extra cost. However, if the organization is very large, some operating expenses may start which will be fixed on the basis of negotiation.

4. All income and expenditure accounts are kept updated on the website.

5. Monthly bank statements will be open to all on the site from next July.

5. Members who have contributed above fifty thousand taka can audit any matter at any time. (Although everything will be published on the website.)

7. Name, identity and mobile number of borrowers will not be exposed on the website. Contributors (members who have donated more than twenty thousand taka) can call them anytime to inquire.

8. To ensure transparency, everyone's suggestions will be welcomed and apart from the above, if there are any other issues, they will be considered and implemented.

Lenders can withdraw the loan at any time subject to sufficient funds. However, if the money is withdrawn before one year, no credit will be given to the borrower from the 'DANNOY-DHAR' side, and no data will be stored on the website. After one year, even if the money is withdrawn, he will be given an honorary credit and his contribution will be recognized on the 'DANNOY-DHAR' website for life.

Donations are non-refundable. Anyone can convert his borrowed money as a donation.

Currently, there are no activities of the "DANNOY-DAHR" fund outside of Jahangirungar University. However, branches will soon be opened in other universities besides JU, depending on the availability of funds.

However, for money lending, the money is used at the branch where the lender keeps the donation. 

At the moment the 'DANNOY-DHAR' fund has no operating expenses other than website management. Everything is done on a voluntary basis and these expenses are covered by donations or money from company sponsors. These accounts are published on the website of this institution.

At this point, no money deposited in the 'DANNOY-DHAR'' fund is invested in any other business. However, if the company is big in the future, if the amount of deposit is high, the money is lying idle, then business with the consent of the board of directors , it can be invested  for completely risk-free. But its probability is very low.

Zakat does not accept any means of 'DANNOY-DHAR'. Since you are lending and it is repayable, it is completely prohibited to give Zakat money to 'DANNOY-DHAR' fund. If someone gives it, it is his own responsibility.

DAAN - In the eyes of Islam, that which is given with the intention of reward or good results. Which is best done secretly. Usually I give to the poor, needy, poor, madrasa orphans and poor children. Therefore, we discourage giving any money, which we call 'DAAN' in Islamic terms, to 'DANNOY-DHAR'. Because we will lend this money to others and take it back after a certain period of time. Accounts must be made public to ensure transparency.

But we do accept 'donations'. Although the literal meaning of donation is 'DAAN', we are considering it as donation or financial support. However, in Islam, lending is also a form of worship or reward. Therefore, if one gives one's halal earnings for the sake of Allah to contribute to the welfare of others (which will be given to others as a loan again and again) it must be accepted by Allah Almighty as a good deed or reward.

Money deposited in the 'DANNOY-DHAR' Fund shall never be deposited where FDR or interest accrues in the hope of earning profit or gain.

Not donation, loan fund money will not be used for any other charitable work such as donation, scholarship, helping needy people etc. If any such plan is adopted in future, it will be done by raising separate funds.

So far, all the planning of 'DANNOY-DHAR' activities, collecting loans, disbursing loans, bringing back loans, website creation plan, presenting all the information and decoration of the website, managing sponsors, etc. are all done by  the  decisions and plans of  Md. Rokibul Hossain, Founder, 'DANNOY-DHAR'.

Bank account of  'DANNOY-DHAR' is conducted by Professor Dr. Syed Hafizur Rahman Sir and Md Rakibul Hossain, Founder DANNOY-DHAR. All the borrowing and lending of Branch 01 has been managed by Professor Dr. Syed Hafizur Rahman .

However, we are going to start this program at the national level from next June 2023, inshallah. Hope many more philanthropic people will contribute here and advance this program with valuable time and volunteering.

A steering committee will be formed with the best contributors from among those who join later. This activity will be conducted on their decision. And within the next one year, a registered foundation will be created with the best 7 contributors, InshaAllah.

Presently, 'DANNOY-DHAR' in the department of Environmental sciences, Jahangirnagar university, is being managed under the direct supervision of respected teacher  Professor, Dr. Syed Hafizur Rahman and Md. Rokibul Hossain, Founder,  'DANNOY-DHAR'.

However, we are going to start this program at the national level from next May 2023, inshallah. Hope many more philanthropic people will contribute here and advance this program with valuable time and volunteering. A steering committee will be formed with the best contributors from among those who join later. This activity will be conducted on their decision. And within the next one year, a registered foundation will be created with the best 7 contributors, InshaAllah.

Note: Best Contributor will be selected based on both financial and voluntary contribution. If no one is interested, the founder himself will gradually take forward the program of 'DANNOY-DHAR'.

Anyone interested in making a nominal donation and volunteering can be considered for membership in the 'DANNOY-DHAR' committee. If more people are interested, they can join the steering committee based on financial donations and volunteering. If no one is interested, the founder himself will slowly move the process forward.

Donate (as loan) a small amount of money (Tk. 1000) and take an ID as a contributor on the website of the 'DANNOY-DHAR' program. Then you can join as a volunteer by discussing with the concerned persons what you can do, when you can give time etc. Click here to view the volunteer page.

Initially, I would like to open a branch of 'DANNOY-DHAR' in various departments of different universities of the country or under Student Welfare Association. If someone wants to open a branch of 'DANNOY-DHAR' they have to discuss with the Concerned persons of  of  this initiative. A volunteer of 'DANNOY-DHAR' will explain and guide you through everything.

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If you want to lend, donate or sponsor the 'don't donate, borrow' fund, call this number directly - 01320-300-555. You can also visit the Facebook page of DANNOY-DHAR.

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1. If you want to borrow, first you have to inform the name, section, batch, hall name and mobile number in the inbox of  DANNOY-DHAR Facebook page . We do not process any  emergency loans at this time.

2. Page admin will ask you to provide the following information on the page or fill up the online form if the initial decision of the loan is made.

1. Applicant Name:

2. Mobile:

3. Email:

4. Name of the Institution: Jahangirnagar University

5. Associated Departments:

6. University Batch No:

7. Department Batch No:

8. Roll No:

9. Gender: Male

10. Religion:

11. Profession: Student (Present)

12. Designation with Institution:

13. Present Address:

14. Facebook ID Link:

15. Reference By:

16. Expected Loan:

17. Payment Plan:

18. Purpose of Loan:

19. Home District:

20. Blood Group:

  * Point 18 should be written well while filling the form, why you need the loan should be emphasized. If he decides to give a loan from now on, he will have to give the NID copy.

3. If your requirement seems valid, the Page Admin will talk to you, inform you about the Terms and Conditions of DANNOY-DHAR (given on the website). Your confidence will be tested on how to repay the loan. If everything seems right you will be considered eligible for borrowing.

4. As we do not charge any fees, interest or any additional money in lending, we do not keep any collateral or guarantor. So we are very serious about data collection when it comes to lending. So in this step we verify through our campus coordinator (volunteer) or someone we know.

The verification only checks whether he is under the influence of drugs or is involved in any other anti-social activities.

After completion of verification process he is given loan through check (Agrani Bank). He is again informed about our terms and conditions while paying the cheque.

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Must knock on our page inbox for borrowing discussion. 

As our fund is very limited, it is not possible to give more than 80-90 thousand per month at this moment. We try to give this money to 8 to 10 people based on the applications.

****The above conditions may be modified, extended and canceled at the decision of the Committee or the Prime Minister to facilitate the operation of the DANNOY-DHAR programme.

Each branch will have a loan approval teacher or a representative of DANNOY-DHAR who knows everyone. No salary or honorarium is given.

Disclosure of borrower's name on the website is optional. However, anyone who has donated more than T.K 10,000  will be able to access all the information when they come to the office of the 'DANNOY-DHAR' program. Anyone can take this opportunity in special cases.

Among the many important tasks of this program, three are the most important tasks on which the success of this program depends.

1. Raising loan repayments or raising funds.

2. Selecting the right and promising student and disbursing the loan.

3. Timely repayment of loan amount and disbursement to the correct student.

In the light of the founder's three years of experience, I would like to say that bringing back borrowed money is a difficult and painful task. 85% of borrowers pay easily if given reminder for money, 10% have to knock several times and remaining 5% find it difficult to withdraw money. However, hopefully, it is possible to recover money from everyone. And borrowing, not donations, has set that precedent over the past three years. Two lakh twenty six thousand taka (2,26,000/-) has been lent a total of four lakh seventy thousand five hundred taka (4,70,500/-), that is, the principal amount has been returned twice in three years.

Directors have a strong role in debt recovery. It is used as per the need.

If he fails to repay the loan at the initial stage, he is repeatedly warned, if he does not respond to repeated reminders, if he does not extend the loan period or if he breaks his promise despite being able to repay the loan, the applicant is reprimanded from 'DANNOY-DHAR' until the loan is repaid. The identity (including photo) is published on the 'Uncommitted Member' page of the website.

By using this method we believe that a self-respecting university student will never default on a loan despite being able to afford it. If someone is completely incompetent then as per the policy he is given a lot of time and in case of complete failure the loan is not taken back.