Micro-credit operations in Bangladesh: a comparative analysis of BRDB.

Abstract

Micro-credit playing a significant role for the development of our economy by creating employment opportunity and producing important alternative work facility and increasing social valuefor saving huge social crisis for our country. So as a part of the development strategy, we should intensify our efforts to develop this sector to grow industrial base. For meeting the situation of micro-credit need to upgrade their workforce capabilities and social facilities in order to implement social and economic stability at a competitive situation. The main of incentives of any NGOs which were normally involved in many social programs such as education, health, relief and rehabilitation to move quickly into microcredit were demand from the members, opportunity to become self-reliant (income covers expenses), and creating sustainable permanent institution, and career for staff members. The variations were in interest rate, savings and loan ceiling, size of groups etc. not much on the fundamental structure of the model.