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Microenterprise development project : The microenterprises supported by the Sustainable Enterprise Project (SEP) employ around 3 lakh people countrywide, most of whom belong to the low-income group, Palli Karma-Sahayak Foundation (PKSF) Chairman M Khairul Hossain said today.
DHAKA, Dec 6, 2022 (BSS) - The Asian Development Bank (ADB) and the government of Bangladesh today signed an agreement
ADB Supports Microenterprise Financing in Bangladesh
ADB has approved a $200 million loan to strengthen microfinance in Bangladesh, supporting microenterprises, particularly those owned by women and those located in regions with high climate risks.
Due to small-sized operations, lack of collateral, and weak operational capacity and information systems, MFIs find it difficult to secure commercial bank financing to onlend to microenterprises.