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Subarta Trust

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Subarta Trust

Overview

Subarta is achieving equity in access to elderly housing and care in Bangladesh, by tying the needs of high income and low-income communities. Through an innovative cross-subsidy financial model, Subarta’s network of care- centres ensures that provides safe, dignified and quality housing and care services for the elderly and disabled from different socio-economic backgrounds. Subarta is building a new system to care and support the needs of the growing aging population in Bangladesh. It has developed an elderly entrepreneurs unit to productively engage the elderly to develop products and services that can be sold in the market. Through partnership with the Alabama State University, it is building a cadre of professional caregivers who have the skills and knowledge to cater to the unique needs of the vulnerable, within Subarta’s centers and outside. Subarta is also developing unique schemes and financing opportunities for investors and caregivers to plan and invest for their retirement. More recently, it has got companies to invest for the housing and care needs of their employees. These efforts not only help place the agenda of elderly care in different stakeholders, but also helped finance and increase access to care to vulnerable communities. Through the economies of scale and Subarta’s goal to establish at least one major elderly care centre in every district of Bangladesh and develop smaller units of elderly care centres in more remote and rural areas. Simultaneously to influence the quality and standards of care in the country,while also trying to influence the Government to create construction mandates for establishing elderly care facilities, specific building codes in all major housing developments, residential and commercial facilities.