Impact/influence of BRAC microfinance programme on fostering young entrepreneurship/rural women entrepreneurs: a focus/case study of "Progoti" programme one to one (individual loan)-microfinance of BRAC

Abstract

The report is the reflection of a part name Progoti; One to one (individual loan) of Microfinance Program, BRAC. This is programme developed for serving the poor, disadvantaged and the underprivileged people of the country. BRAC works in many development sectors for serving all the poor and needy people and Microfinance is one of the programme. This organization also serves many countries and it also has donor countries for any kind of support. The organization started working since the liberation war time. They also provide facilities to the poor and needy people and also the recent alarming issues of the country and worldwide. The topic of the research is done about a group, deprived from the basic needs and rights of a society also the loan advantage of this programme though they serve the poor and needy people they could not reach the group with their service. The majority are females enjoying the microfinance loan and establishing themselves. The group which is deprived known as the subaltern group. In addition they did not even tried to reach that group due to security issues. A sample question was made to know how the creditors are being served and how much capable they are to pay back the loan with interest. Moreover, the newspaper articles of Harvard Business Review and Oxford academic articles says the same thing that the creditors of the Microfinance programme is mostly females. The men are also included but women mostly prefer taking loans and own their business. Although is an undoubtedly an excellent programme of developing sectors it completely avoiding a group which also deserves to be treated in the same way the others are. In addition, BRAC is always aware of health and education issues here also the third gender, physically handicapped group are deprived of. Furthermore, it is our duty to make the future secure and safe so that the group can come out from the darkness and lead a happy and healthy life like us. It is not only the responsibility of the organizations or development sectors nut also the general people living in the society to make the situation perfect.