The British government announced recently that it will be providing approximately $75 million to the Bangladesh Central Bank in order to set up a program for expanding the country’s microfinance sector. The program, entitled PROSPER, will primarily be a partnership between two Bangladeshi actors: the microfinance-funding organization, Palli Karma-Sahayak Foundation (PKSF), and the Bangladeshi government’s newly established Microcredit Regulatory Authority (MRA).
Continue reading “UK Government to Provide Bangladesh with Aid for Microfinance Expansion”
Similar Posts:
- MICROCAPITAL BRIEF: Non-performing Loan (NPL) Ratios Up Among Microfinance Providers in Bangladesh
- MICROCAPITAL BRIEF: Mi-Bospo of Bosnia and Herzegovina Borrowing $2.2m from Grameen Credit Agricole Foundation for Microfinance Lending
- MICROCAPITAL BRIEF: Jeevan Bikas, Pula, UNCDF Partner on Index Insurance for Farmers in Nepal
- MICROCAPITAL BRIEF: Grameen Crédit Agricole Foundation Loans $3.2m to Faten for Microfinance in Palestine
- MICROCAPITAL BRIEF: Credit Bank, FSD Kenya Engaging SACCOs in Effort to Reduce Remittance Costs for Rural Kenyans
