This extra income gives poor the purchasing power to buy food, access healthcare, education and put aside savings for the future and enjoy a better standard of living. Microfinance in its modern sustainable avatar is a source of hope to underprivileged families across the country.

The success of the microfinance system in improving the lives of the poor, has been acknowledged around the world. In 2007, Muhammed Yunus, the founder of Bangladesh’s Grameen Bank, was awarded the Nobel Peace Prize for his pioneering work in the sector.