Microcredit has changed the way people in rural Bangladesh do business, giving people and groups the tools, they need for long-term growth. Microcredit programs have helped many businesses break out of poverty by giving them small loans that have helped them improve their lives and get out of tough financial
Tag: microcredit
BB forms body to probe unregistered financial institutions
The Bangladesh Bank (BB) authorities have formed a special committee to probe into the illegal financial transactions of unauthorised and unregistered financial institutions and as well as the microcredit financial institutions of the country. Kazi Sayedur Rahman, Deputy Governor of the Bangladesh Bank, has been made the Chairman of the seven-member