Whether you are a business owner or a self-employed person, you could consider working hand in hand with a reliable and licensed moneylender for boosting your overall cash flow cycle. Moneylenders not only provide you with necessary financial support but they also, provide professional financial advice. A licensed moneylender should be your option if you … Read more
A loan is what we need when we plan to purchase something that would involve massive expenses. For example, commonly people apply for loans from banks for buying houses, cars, etc. No matter what your reason is for getting a loan, it is crucial for you to find a suitable lender. Borrowing and Investing in Peer … Read more
Introduction The Grameen Bank (GB) is a rural bank in Bangladesh. It provides credit to the rural poor, particularly women who own less than half an acre of land or whose assets do not exceed the value of one acre of land. Unlike traditional commercial bank loans, Grameen Bank loans need not be secured by … Read more
Introduction Money begets money. Adam Smith in his famous book Wealth of Nations said, “When you have got a little, it is often easy to get more. The great difficult thing is to get that little.” Microcredit is a small size of the loan that is given to the poor for self-employment. Microcredit through institutional … Read more
Introduction Bangladesh has been perhaps the most important heart on the globe for NGOs (Non-Government Organizations). Some estimates place the number of NGOs in Bangladesh above 20,000. There are many types of NGOs in the country, but most focus on development or poverty alleviation. Bangladesh is the birthplace of the microcredit NGO, namely the Grameen … Read more
Introduction: Efforts for rural development in Bangladesh are not new. However, massive and determined efforts have been made after the liberation of Bangladesh to improve the condition of the rural lives. A good number of government departments, semi-government, and autonomous agencies including NGOs are functional in the field. Millions of taka are being spent every … Read more