Bangladesh Micro Loan Project
Microfinance is the practice of making small
loans for the purpose of establishing or
enhancing a small, self-sustaining business.
Micro loans that target women are the
most common and the most successful in
regard to the positive effect on the family
and community. Additionally, repayment
rates are much higher for women than for
men. Studies have shown that women are
more likely to invest their earnings in the well-
being of their families and in the further
expansion of their businesses.
As their businesses grow, the community
benefits from increased availability of goods
or services as well as the creation of jobs. In
societies where women are often
marginalized and discriminated against,
micro loan programs serve to elevate the
status of women within their families and
their value in their communities.
Barisal District, Bangladesh
Project proposal:
Provide 2400 women with micro loans to
start or improve small entrepreneurial
businesses.
3 Year project.
Start date April 1, 2007. First phase
completed. $20,000.
Cost per person $25.
Total project cost $60,000.
Microfinance is the practice of making small
loans for the purpose of establishing or
enhancing a small, self-sustaining business.
Micro loans that target women are the
most common and the most successful in
regard to the positive effect on the family
and community. Additionally, repayment
rates are much higher for women than for
men. Studies have shown that women are
more likely to invest their earnings in the well-
being of their families and in the further
expansion of their businesses.
As their businesses grow, the community
benefits from increased availability of goods
or services as well as the creation of jobs. In
societies where women are often
marginalized and discriminated against,
micro loan programs serve to elevate the
status of women within their families and
their value in their communities.
Barisal District, Bangladesh
Project proposal:
Provide 2400 women with micro loans to
start or improve small entrepreneurial
businesses.
3 Year project.
Start date April 1, 2007. First phase
completed. $20,000.
Cost per person $25.
Total project cost $60,000.
Bangladesh Micro Loan Project
Large Map of Bangladesh
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