Professional Documents
Culture Documents
Microfinance in Bangladesh: (Annual Statistics) JUNE-2023
Microfinance in Bangladesh: (Annual Statistics) JUNE-2023
(ANNUAL STATISTICS)
JUNE-2023
MICROFINANCE IN BANGLADESH
(Annual Statistics)
June 2023
Microfinance in Bangladesh
(Annual Statistics)
June 2023
Advisory Committee
Md. Fashiullah, Executive Vice Chairman
Md. Humayan Kabir, Executive Director
Muhammed Mazedul Haque, Executive Director
Editorial Committee
Mohammad Yakub Hossain, Director
Md. Zillur Rahman, Director
Jinat Aman Banna, Deputy Director
Ranjit Kumar Sarkar, Deputy Director
Md. Shahidul Hasan, Deputy Director
Pankoj Kumar Paul, Deputy Director
Md. Rabiul Islam, Assistant Director
Contributors
S.M. Jyotirmoy Roy, Assistant Director
Jyoti Proksh Das, Assistant Director
Md. Hasan, Assistant Director
Data Support
MIS & CDB Section, MRA
Regulation Section, MRA
Hotline : 16133
Sheikh Hasina
Honorable Prime Minister
Government of the People’s Republic of Bangladesh
Message
It gives me immense pleasure to know that MRA is going to publish the latest edition
of the ‘Microfinance in Pangladesh, Annual Statistics, 2023,’ for the third time in the
same name a comprehensive publication that sheds light on the financial landscape
of our microfinance sector. This annual report is a crucial resource for understanding
the role of microfinance in our socio-economic development as well.
The statistics outlined in this report underscore the impact of microfinance sector,
with a loan outstanding balance of 1861 billion BDT, loan disbursement of 2862 billion
BDT, and savings amounting to 902 billion BDT where MRA licensed MFIs contributions
are respectively 1504 billion BDT, 2493 billion BDT and 620 billion BDT. This reflects their
instrumental role in addressing financial needs, fostering economic growth, and
advancing the financial well-being of our communities.
I extend my sincere gratitude to the dedicated officials of MRA and all data providing
institutions who extended their utmost effort regarding the publication. I trust that this
report will provide valuable insights to researchers, practitioners, planners, students,
readers, and other stakeholders, offering a comprehensive understanding of the
current and near-future dynamics of rural finance and the broader Bangladesh
economy.
Message
The statistics for the fiscal year 2022-23 reveals a number of significant financial
trends. A substantial amount of BDT 2,86,174 crore was disbursed as microcredit and
microenterprise loans, injecting vital capital into the economy. This infusion holds immense
promise for economic expansion, empowering individuals and microenterprises to invest
in businesses and create jobs. Notably, around 90% of MRA-licensed Micro Finance
Institutes’ (MFIs) clients are women, signifying not just social progress but also economic
empowerment. This empowerment has a positive impact on household income and
overall economic stability.
MRA-licensed MFIs, pivotal in poverty alleviation and job creation, employ above
200,000 individuals, fostering skill development. Additionally, the bank linkage program
mobilized a substantial BDT 27,900 crore in FY 2022-23, showcasing a resilient and
mutually beneficial relationship between banks and MFIs, underscoring their pivotal role
in the economic landscape.
Message
As we delve into the pages of this book, we are confronted with compelling statistics
that underscore the commendable strides Bangladesh has made in the realm
of financial inclusion. Central to Government’s narrative is to lead Bangladesh to
sustainable and inclusive growth, guided by the policy of ‘No one will be left behind.’
The microfinance sector, boasting 6.68 crore members and 4.53 crore borrowers,
emerges as a cornerstone in this pursuit. What sets our journey apart is the inclusivity
ingrained in the provision of microloans-available to anyone with a birth certificate
or NID card, without collateral. This inclusivity stands as a testament to our collective
commitment to forging a more prosperous and equitable society.
The advent of digital banking, mobile financial services, and QR-coded payment
systems signifies the realization of the vision of a ‘Smart Bangladesh.’ This era of
digital transformation is marked by technological automation in financial services,
reshaping our financial landscape for the better. Therefore, the next aspiration should
be to integrate smart features into MFIs services, simplifying accessibility and bringing
financial empowerment to the fingertips of our people. The power of technology
should not be a luxury but a tool that uplifts and includes every citizen on the path to
financial well-being.
However, we must acknowledge the challenges that lie ahead. The dynamic
landscape of the financial sector demands continuous evolution, and it is our collective
responsibility to ensure that microfinance remains a powerful instrument for positive
change in the lives of our people. In conclusion, let this book serve as a testament to
the remarkable achievements of the microfinance sector in Bangladesh. The journey
from a war-torn past to an upper-middle-income nation has been arduous, yet
the spirit of resilience and determination has propelled us forward. As we navigate
the challenges of the future, let us remain united in our commitment to building a
prosperous, inclusive, and sustainable Bangladesh.
Md. Fashiullah
Executive Vice Chairman
Microcredit Regulatory Authority
Preface Preface
From the financial year 2020-2021 Microcredit Regulatory Authority (MRA) with all
information of the microfinanc sector has been continiously publishing an annul
publication stated “Microfinance in Bangladesh” This time with the offering of
a comprehensive statistical analysis of the microfinance sector’s performance
throughout the fiscal year 2022-2023 MRA is going to publish the name for the third
time. This meticulously compiled report by MRA offers an in-depth portrayal of the
financial performance of Bangladesh’s microfinance sector. It further conducts a
comparative evaluation of the financial contributions made by various entities within
the sector, consolidating essential data concerning Microfinance Institutions (MFIs).
Since its inception, Microcredit Regulatory Authority (MRA) has relentelessly pursued
the objectives of fostering transparency, accountability, and safeguarding the
interests of microfinance clients. To achieve these goals, MRA engages in a range
of crucial activities, including the issuance of licenses, conducting regular &
specials inspections of Microfinance Institutions (MFIs), arranging training programs,
formulating and implementing policies. The authority also actively conducts research
and regularly publishes reports and books pertaining to the microfinance sector in
Bangladesh.
As of June 30, 2023, MRA has granted licenses to 882 eligible MFIs. However, it’s
noteworthy that 151 licenses have been cancelled due to various non-compliances.
At the end of the fiscal year 2022-2023, MRA-licensed MFIs extended financial
services to approximately 40.86 million marginalized individuals across the country,
operating through a network of 25,336 branches. This initiative created employment
opportunities for 2.06 lakh people. In the same year, these MFIs disbursed a substantial
amount of BDT 2493.02 billion to clients nationwide, contributing significantly to the
overall GDP growth and promoting financial inclusion in the country.
Microcredit Regulatory Authority (MRA) routinely revises the Microcredit Regulatory
Authority Rules, 2010 to keep them updated and align them with the evolving
needs of Microfinance Institutions (MFIs). In line with their commitment to bolster
the sustainability of the microfinance sector, Circular No. 73, issued on August 14,
2022, outlines a key provision. It permits larger microfinance institutions to whole sale
lending to smaller microfinance institutions with a view to mitigatious fund mortage
problem of the sectors.
To align with the honorable prime ministers vision of Smart Bangladesh- 2041, MRA
has undertaken various steps such as to provide certificates with QR codes which
will ensure more transparency and instant verifying opportunity for any one from any
where. In addition, MRA has introduced e-payment system with the help of Sonali
Bank PLC. which helps all lincensed MFIS to send their annual fees, certification fees,
and other charges through online. and they are able to get, all relevant information
and real-time reports in this regard automatieally from the system.
Md. Fashiullah
Contents
01 Microfinance of Bangladesh 17-30
12 Acronyms 390
Chapter-1 Microfinance
of
Bangladesh
Table of Contents
Graph of Contents
Pie Chart
1.1: Comparison between MRA-licensed MFIs and
other organizations
Before the independence, there were certain were not regulated for long time. Afterwards,
rudimentary micro-credit initiatives, primarily in coming into the power, Honorable Prime Minister
the framework of cooperative structures and Sheikh Hasina, the daughter of the Father of the
government subsidies. Bangabandhu Sheikh Nation, took initiatives to ensure transparency and
Mujibur Rahman, The Greatest leader of all time accountability in the microfinance sector during
and the father of the nation, is the pioneer in her 1996-2000 regime.
introducing of collateral and Interest free micro- As a part of the said initiatives of the Honorable
finance services as a poverty alleviation tool. Prime Minister, a detailed study on the regulatory
During post-liberation period, Bangabandhu Sheikh requirements for the microfinance sector was
Mujibur Rahman realized that people in abject conducted in 1997 by the Bangladesh Bank.
poverty must have access to the financial services Subsequently, in accordance with a government
for their economic emancipation. Consequently, directive issued on June 18, 2000, Bangladesh
under Bangabandhu’s visionary leadership, Bank established a dedicated entity known as
the pioneering step was taken in 1974 with the the Microfinance Research and Reference Unit
introduction of collateral-free and interest-free (MRRU), and concurrently constituted a steering
microfinance services, under the Rural Social committee comprising 11 members, headed by
Services (RSS) project. Later, in late 70s and early the Governor of Bangladesh Bank, to oversee the
80s with the support of the Government some functions of this unit. As per the recommendation
NGOs & Grameen Bank started microfinance of the steering committee, the government passed
services as a demand driven operation along the Microcredit Regulatory Authority Act, 2006,
with their social development activities. Though upon which Microcredit Regulatory Authority
the number of NGO-MFIs were numerous, and (MRA) emerged as a sole regulatory body for the
they collected deposit like financial entities, they microfinance sector in Bangladesh.
In Bangladesh, Microcredit Regulatory Authority their ambit. While MRA-licensed MFIs dominate
(MRA) holds the exclusive mandate as the sole the microfinance sector, the contributions of
regulatory authority overseeing the microfinance other organizations remain noteworthy. These
sector. Its purview extends across the industry, microfinance entities can be classified into four
except banks and select government entities that distinct categories:
follow their distinct regulatory frameworks. Presently, • MRA Licensed MFIs: The Microcredit Regulatory
the microfinance landscape in the country Authority (MRA), Bangladesh’s sole regulatory
boasts a diverse range of participants, including authority for the microfinance sector, has given 882
Microfinance Institutions (MFIs) licensed by the MRA, licenses to qualified MFIs and Cancelled 151 due
the renowned Grameen Bank, Commercial Banks, to non-compliance as of 30 June 2023. Within the
and various governmental agencies. In the fiscal MRA’s jurisdiction, a total of 731 MFIs are actively
year 2022-2023, these entities collectively impacted engaged in providing microcredit services to
an astounding 69.35 million individuals, providing an impressive 40.86 million individuals. As of the
an array of services encompassing credit, deposits, same date, the cumulative loan outstanding
and a plethora of social development initiatives. reached BDT 1504.20 billion, with a substantial
These services play an indispensable role in total loan disbursement of BDT 2493.02 billion
nurturing micro-entrepreneurship, elevating human recorded during the period. Additionally, these
resources, and fostering employment opportunities. MFIs collectively held total savings amounting
Crucially, they have significantly contributed to to BDT 620.55 billion. This expansive presence
Bangladesh’s financial inclusion efforts, embracing underscores MRA-licensed MFIs commitment to
a remarkable 42.05% of the total population within promoting financial inclusion and empowering
individuals, particularly those in underserved services to 4.83 million people during fiscal year
communities, by providing them with access to 2022-2023. As of June 30, 2023, a total of 16 banks
essential banking services. had diligently submitted their reports on their
• Grameen Bank: As of the present day, Grameen microfinance activities for the fiscal year 2022-2023
Bank extends its financial services to an to the Microcredit Regulatory Authority (MRA).
impressive clientele, with 10.36 million individuals • Microfinance activities by various government
in Bangladesh benefiting from its offerings. The departments/ Institutions/ Special Programs:
bank’s extensive outreach is facilitated through Different government departments/institutions/
a network of 2,568 branch locations strategically agencies carry out small-scale microfinance
positioned throughout the country. The loan programs to accomplish specific organizational
disbursement raises to 247.57 billion bdt while the goals. During the fiscal year 2022-2023, data
loan outstanding stands at 161.5 billion bdt. reported to the Microcredit Regulatory Authority
• Scheduled, non-scheduled, and specialized (MRA) indicates that these 13 government
banks: State-owned commercial banks entities collectively provided microfinance
(SOCBs), private commercial banks (PCBs), and services to an impressive 16.567 million individuals.
specialized banks, such as Sonali Bank Limited, This underscores the diverse and multifaceted
Janata Bank Limited, Islami Bank Bangladesh nature of microfinance efforts in Bangladesh,
Limited, and Bangladesh Krishi Bank, provide with government agencies actively contributing
direct microfinance services to the impoverished to the broader mission of financial inclusion and
individuals. These banks provided microfinance poverty alleviation.
Microfinance in Bangladesh
Government
& Government
Non-Government Departments &
Banks Agencies
The microfinance sector in Bangladesh has a dual clients and 5.6% in the number of borrowers within
impact, both at the macro and microeconomic MRA-licensed MFIs demonstrates the resilience and
levels, with the ultimate objective of poverty expansion capabilities of the sector, furthering its
alleviation. In the fiscal year 2022-2023, the data role in economic development.
reveals significant financial dynamics. A total of
Gender inclusivity is a notable feature, with
2,857.57 billion BDT was disbursed as microcredit
approximately 90% of clients in MRA-licensed MFIs
and microenterprise loans, injecting a substantial
being women. Beyond its social significance, this
amount of capital into the economy. This capital
gender inclusivity has economic implications as
infusion has the potential to stimulate economic
well, as empowering women economically have a
growth by providing individuals and microenterprises
positive multiplier effect on household income and
with the financial resources they need to invest in
overall economic well-being.
businesses and create employment opportunities.
MRA-licensed MFIs covering 24.6% of the total
The sector’s reach is impressive, with 66.82 million
population showcases a significant achievement
clients and 45.30 million borrowers benefiting from
in terms of financial inclusion. It implies that a
these financial services. This not only enhances
substantial portion of the population now has
financial inclusion but also contributes to increased
access to financial services that helps improving
consumer spending and economic activity.
their livelihoods.
Moreover, the growth of 6.3% in the number of
Table 1.1
Basic Information of Microfinance Sector, FY 2022-2023
Loan Loan
Client Borrowers Savings
Outstanding Disbursement
Description
(Billion
(In Millions) (In Million) (Billion BDT) (Billion BDT)
BDT)
MRA licensed MFIS 40.86 31.53 1504.18 620.55 2493.02
Grameen Bank 10.36 7.16 161.5 226.82 247.57
Various Government Departments / Institu- 13.3 6.21 121.9 39.21 84.75
tions / Special Programs
Government and Non-Government Banks 2.30 0.40 73.75 15.18 36.40
Total 66.82 45.3 1861.33 901.76 2861.74
In addition to the extensive microfinance operation by MFIs in Bangladesh, several other noteworthy
microcredit programs contribute significantly to the nation’s economic landscape. These programs
include the Grameen Bank, which disbursed loans amounting to 247.57 billion BDT, various banks disbursing
36.40 billion BDT, Palli Sanchay Bank with a disbursement of 52.14 billion BDT, and BRDB, which disbursed
16.45 billion BDT. These diverse initiatives have a direct and profound impact on the lives of people by
providing them with a vital source of working capital.
Pie Chart 1.1: Comparison between MRA-licensed MFIs and other organizations (in terms of clients,
borrowers, loan outstanding, savings, and loan disbursement)
Grameen Bank
15.5% 15.8%
Comparison in Savings
Comparison in Loan Disbursement
MRA licensed and others
MRA licensed and others
Various Government Departments/
Institutions / Special Programs 4.3% Various Government Departments/
Institutions / Special Programs
4.3%
3.0%
8.7%
Grameen Bank
Grameen Bank
25.2% 8.7%
25.2%
Over the five-year period from 2019 to 2023, MRA- the institution’s effectiveness in lending strategies
licensed Microfinance Institutions (MFIs) have and portfolio management. Savings mobilization
exhibited a remarkable upward trajectory in various has also thrived, boasting a CAGR of around 19.5%,
key financial indicators. The data reveals a consistent signifying trust and confidence among clients. Loan
growth pattern, with membership increasing at an disbursements, notably in 2019 and 2023, indicate an
expanded operational
scope, possibly
driven by enhanced
liquidity management
and effective risk
mitigation measures.
It is imperative for
these institutions to
maintain vigilant
risk management
practices to ensure
responsible growth,
especially given the
substantial increase
in loan portfolio size in
recent years.
The trend underscores
the robust financial
performance of MRA-
licensed MFIs over
the last five years,
portraying their pivotal
role in advancing
financial inclusion
Graph 1.1: Trend analysis of MRA-licensed MFIs in last 5 years and empowering
communities. The
annual rate of approximately 5.9% and borrowers combination of consistent membership and borrower
expanding by about 6.3% annually. This signifies growth, along with prudent lending practices
the MFIs’ capacity to not only attract new clients and effective savings mobilization, positions these
but also convert them into active borrowers, MFIs as essential contributors to socioeconomic
contributing significantly to financial inclusion. development. Nonetheless, ongoing vigilance in risk
Furthermore, the loan portfolio outstanding has management remains paramount to safeguard the
surged with a striking compound annual growth institution’s sustainability amid its impressive growth
rate (CAGR) of approximately 18.3%, underlining trajectory.
Table 1.2
Basic information of MRA-licensed MFIs of the last 5 years
Table 1.3
Basic information of Grameen Bank of the last 5 years
Description 2019 2020 2021 2022 2023
Clients (Million) 8.31 9.31 9.38 9.93 10.36
Borrowers (Million people) 8.31 8.32 6.54 6.84 7.16
Loan Outstanding (Billion BDT) 158.51 158.62 142.6 145.95 161.50
Savings (Billion BDT) 210.31 232.48 158.8 232.65 226.82
Loan disbursement (Billion BDT) 251.37 252.2 195.5 206.57 247.57
The data from various government agencies and programs over the past five years presents a mixed picture
of program performance. Membership experienced significant fluctuations, with a Compound Annual
Growth Rate (CAGR) of approximately
12.64%, peaking at 16.57 million in 2022
but subsequently declining to 13.30
million in 2023. Similarly, the number
of borrowers displayed variability,
reaching a high of 7.44 million in 2022
and then decreasing to 6.20 million
in 2023. Because of inclusion of palli
sonchoy bank Loan outstanding
balances, notably surging from 28.58
billion BDT in 2021 to 141.73 billion BDT
in 2022 Though decreasing to 121.90
billion BDT in 2023. Savings deposits
followed erratic patterns, with a low of
5.45 billion BDT in 2021 and a subsequent
increase to 57.04 billion BDT in 2022 but
little sit decrease to 39.21 billion BDT in
2023. Loan disbursements also varied
significantly, reaching 95.54 billion BDT
in 2022 and declining to 84.75 billion BDT
in 2023. These fluctuations warrant an
in-depth analysis of program strategies,
Graph 1.3: Trend analysis of Different government agencies market dynamics, and client behavior
to optimize operations and ensure
and programs in last 5 years
financial stability.
Table 1.4
Basic information of Different government agencies and programs of the last 5 years
Table 1.5
Microfinance Activities of Government Departments/ Directorates/Agencies in FY 2022-2023
Loan
Clients Borrowers Loan Outstanding Savings (Billion
SL Description Disbursement
(In Million) (In Million) (Billion BDT) BDT)
(Billion BDT)
Bangladesh Rural Develop-
1 0.22 0.20 16.45 19.40 6.40
ment Board
Department of Social Ser-
2 6.69 1.94 1.05 2.57 0.20
vices
Small Farmer Development
3 0.12 0.10 2.84 2.80 0.42
Foundation
4 Department of Livestock - - - 0.53 -
5 Jatiya Mohila Sangstha 0.00 0.00 0.04 0.01 0.01
6 Department of Woment Affairs - - 0.00 - -
7 Bangladesh Handloom Board 0.00 0.00 0.03 0.00 0.04
8 Department of Fisheries - 0.00 0.00 0.08 -
Department of Youth Devel-
9 0.02 0.02 1.53 1.68 0.04
opment
Bangladesh Academy for
10 0.00 0.00 0.00 0.00 0.01
Rural Development (BARD)
11 Rural Development Academy 0.01 0.01 0.10 0.17 0.02
12 Palli Sanchay Bank 5.07 3.33 52.14 86.63 28.79
Palli Daridro Bimochon
13 1.18 0.61 10.58 8.01 3.29
Foundation
14 Total 13.30 6.21 84.75 121.90 39.21
The performance of microfinance banks in the last growth has been remarkable, with a Compound
5 years, when analyzed from different financial Annual Growth Rate (CAGR) of approximately
perspectives, reveals a complex picture. Client 22.7%, surging from 0.97 million in 2019 to 2.15
million in 2023, highlighting the sector’s
expanding outreach and rising demand
for microfinance services. In contrast,
the number of borrowers fluctuated,
reaching a peak of 0.64 million in 2022 but
subsequently decreasing to 0.40 million in
2023, signifying potential shifts in lending
strategies or market demand.
Loan outstanding balances steadily grew
with a CAGR of approximately 6.3%,
reaching 73.75 billion in 2023, reflecting
effective lending practices and increased
microloan demand. Savings balances
consistently rose with a CAGR of about
11.9%, culminating at 15.18 billion in
2023, indicative of clients’ trust and the
banks’ successful savings mobilization
efforts. Nevertheless, loan disbursements
experienced fluctuations, reaching 39.78
billion in 2022 but declining to 36.40 billion
Graph 1.4: Trend analysis of different banks in last 5 years in 2023, potentially reflecting changes in
funding availability or lending practices.
Table 1.6
Basic information of Banks (Microfinance segment) of the last 5 years
Table 1.7
Microfinace related information of Bank’s FY-2022-2023
Loan Out-
Name of the Organiza- Total Client Total Borrowers Loan Disbursement Savings Balance
NO. standing
tion (In Thousand) (In Thousand) (In Million) (In Million BDT)
(In Million)
1 Sonali Bank Limited 264.06 264.06 4696.30 12713.00 0.00
2 Rupali Bank Limited 4.02 4.02 982.20 2359.54 0.00
3 Janata Bank Limited 2.88 2.88 310.46 1451.44 0.00
4 Bangladesh Krishi Bank 26.39 26.39 1807.36 1653.90 223.70
5 Rajshahi Krishi Un- 1.11 1.11 153.11 37.03 0.00
nayan Bank
6 Islami Bank Bangla- 1660.72 60.09 22413.78 51283.54 12242.60
desh Limited
7 Jumuna Bank Limited 157.00 0.16 284.90 315.14 0.00
8 Bank Asia Limited 154.77 10.39 2407.28 399.28 143.34
9 Uttara Bank Limited 0.50 0.22 123.73 129.98 105.36
10 Al-Arafah Islami Bank Limited 30.85 30.85 3175.99 3020.40 2332.46
11 Agrani Bank Limited 0.00 0.00 0.00 0.00 0.00
12 Social Islami Bank Ltd 1.67 1.67 277.38 367.60 84.30
13 The Premier Bank 0.12 0.12 13.32 9.76 49.89
14 NRB Commercial Bank Limited 0.01 0.01 0.84 0.02 0.00
15 Dutch-Bangla Bank Limited 0.00 0.00 0.17 3.33 0.00
16 One Bank Limited 0.00 0.00 0.00 1.48 0.00
Grand Total 2,304.11 403.38 36,397.18 73,745.43 15,181.65
In the financial year 2022-2023, the impact of micro- ID (NID) or Birth certificate. The availability of loans
finance in Bangladesh has been nothing short at a 24% declining interest rate without the need
of transformative. With a total adult population for collateral has been instrumental in empowering
of Bangladesh of 10.4 crore, MRA licensed MFIs aspiring entrepreneurs and small businesses.
and other govt. agencies plus banking initiatives Furthermore, the opportunity for clients to deposit
have reached an impressive 6.6 crore members, money on a weekly or monthly basis, with a
making financial inclusion a reality for millions. competitive 6% interest rate, has encouraged
The average loan disbursement of 63,173 Tk per savings habits and fostered financial stability.
borrower, totaling a staggering 2861.74 billion BDT, Notably, MRA licensed MFIs has played a pivotal
has provided critical financial support to individuals role in the agricultural sector, with agricultural loan
and communities across the nation. Equally disbursements constituting 50% of the total loan
noteworthy is the average savings of 13,495 Tk per disbursement amount. This strategic allocation of funds
client, reflecting a commitment to building financial has bolstered agricultural productivity, improving
resilience at the grassroots level. food security and livelihoods for rural communities.
One of the remarkable aspects of micro-finance Overall, the impact of micro-finance in Bangladesh in
in Bangladesh is its accessibility. Any person can the fiscal year 2022-2023 exemplifies its effectiveness
become a client of an MFI at any time, with the in promoting economic growth, poverty reduction,
simple registration process requiring only a National and financial empowerment across the nation.
Financial Inclusion
50% 13,495 TK
Agriculatural Loan Average Clients
Saving
63,173 TK 40%
Average Loan Inclusion of Adult
Disbursad to Population
Clients
Chapter-2: Microcredit
Regulatory
Authority (MRA)
Table of Contents
Figure of Content
2.1: MRA licensed MFIs at a glance
Government established MRA under the Microcredit transparency and accountability in the country’s
Regulatory Authority Act, 2006 to build a conducive microfinance activities. Since its inception, MRA has
microfinance sector which will alleviate poverty been working tirelessly for the overall development
and increase financial inclusion by ensuring of the country’s microfinance sector.
Vision: Mision:
To ensure poverty eradication and sustainable To create a conducive and healthy environment for the
microfinance institutions, generate employment and
development of the country by establishing a develop micro-entrepreneurship by ensuring effective
transparent and accountable microfinance sector. and efficient regulation to the microfinance sector.
As per the existing Microcredit Regulatory Authority Act, 2006 and Microcredit Regulatory Authority Rules,
2010, MRA has some core responsibilities about the microfinance sector in Bangladesh. Some of these are:
Issuing licenses for operating microfinance activities.
Formulating policies for the microfinance sector.
Conducting inspection to the microfinance institutions.
Disposal of irregularities unveiled during inspections.
Taking necessary actions against the organizations in case of failing to protect the clients’ interests
Analyzing the financial and management reports submitted by microfinance institutions (MFIs).
Approving various policies of the MFIs including the changing names and address, conducting social
developmental activities.
Providing eligibility certificate to MFIs for taking loan from domestic and foreign lending agencies/Banks.
Providing the required non-objection certificate for raising funds from the capital market.
Providing training to the human resources of the microfinance sector.
Publishing research and publications related to the microfinance sector.
Disclosure of the information related to the Right to information and self-motivated information.
Introducing ease of doing business and online based services.
Conducting innovative activities
Implementing the Government Fifth year plan, Visions and Sustainable Development Goals (SDGs);
Implementing the Annual Performance Agreement (APA), Innovation and Integrity policy.
Providing no objection certificate (NOC) for bank linkage loan services, remittance services, mobile
financial services, agent banking etc.
Giving approval for collecting term deposits.
Giving permission for conducting various types of income generating/profitable activities other than micro credit.
Coordinating the activities among Microfinance Institutions (MFIs), Palli Karma-sahayak Foundation
(PKSF), Public-Private Banks, Bangladesh Bank, Ministries, and other stakeholders.
Rendering required responsibilities regarding the development works of the sector.
MRA has some significant achievements those have paved the way for forging robust accountability in
the microfinance ecosystem of Bangladesh. The important achievements of MRA include:
Microcredit Regulatory Authority Rules, 2010
Microcredit Regulatory Authority Staff Regulations, 2009
Amendment of MRA Rules, 2010
Depositors’ Safety Fund Rules, 2014
Microfinance information Rules’ 2020
Rationalize the rate of Service Charge (interest) regarding loan & savings
Capital Raising by issuing Bond
Ensuring Grace Period and reducing Loan Processing cost
Introduction of KYC & Inspection Manual
Significant growth of Microfinance Sector
Human Resources Development of both MRA & MFIs through trainings
Membership of International Organizations such as AFI (Alliance for Financial Inclusion) & APRACA
(Asia pacific Rural and Agricultural Credit Association)
In response to the impending paradigm shift catalyzed by the 4th Industrial Revolution, the Microcredit
Regulatory Authority (MRA) of Bangladesh has undertaken a series of strategic initiatives aimed at
modernizing and digitalizing the microfinance sector. These initiatives have been meticulously crafted to
align with the evolving landscape of financial technology (fintech) and to contribute meaningfully to the
vision of a Smart Bangladesh 2041.
The introduction of a Web-Based Digital Map represents an innovative stride towards financial inclusion.
By meticulously cataloging the geographical and demographic attributes of MRA-licensed MFIs,
including their physical locations, latitude, longitude, and contact details, this digital platform empowers
individuals to easily locate and engage with these financial entities. This geo-informatics approach aligns
harmoniously with the aspirations of reducing poverty and enhancing financial access for all.
Like banking sector, with the support of Bangladesh Bank and DFID, MRA is establishing a Credit Information
Bureau (CIB) for the microfinance sector. MFIs will send information of about 4.08core clients to the CIB system.
Successful launch of the CIB system will make it the 2nd largest CIB in the world. As data analytics and credit
assessment mechanisms converge, this initiative has the potential to mitigate risk and promote responsible
lending, aligning strongly with the objectives of a digitized and data-focused economy. Now, the authority’s
dedicated CIB section is running the final trial and test phase and very soon it is expected to come into force.
iv. e-Licensing:
MRA is currently receiving all the new license applications and issuing licenses to the eligible MFIs using its
e-licensing platform. In addition, MRA is providing required approvals/permissions to the MFIs through this online
platform within shortest possible time for ensuring corruption free and client-friendly services to the stakeholders.
In order to address the issue of verifying certificates issued by Microcredit Regulatory Authority (MRA),
MRA has undertaken to provide certificates with QR codes. The incorporation of QR codes in certificate
issuance exemplifies a fusion of technology and security. This innovation streamlines the verification
process, enhancing trust and reliability in the microfinance sector.
In tandem with the broader governmental drive towards a paperless economy, the authority has taken the
decision to launch an e-payment system to simplify the method of financial transactions. Consequently, the
authority’s 731 certified institutions will be able to submit their annual fees, certification fees, and other charges
through online. Moreover, all relevant information and real-time reports regarding this can be obtained.
The launch of four distinct electronic services, namely MRA Library Automation Application, E-clipping,
E-Archiving, and MRA Info Mobile Applications, underscores MRA’s unwavering commitment to the digital
realm. These services collectively contribute to information access, data management, and communication
within the microfinance domain, aligning elegantly with the broader ideals of office work automation.
In the year 2020, on the occasion of the centennial birth currently, 119 microcredit institutions have disbursed
anniversary of the founding leader of Bangladesh, Sheikh a total of BDT 52,16,500 among 900 students.
Mujibur Rahman, Microcredit Regulatory Authority Bangabandhu Higher Education Scholarship Policy,
(MRA) unveiled the Bangabandhu Higher Education 2020, represents a laudable initiative that reflects
Scholarship Policy, 2020. This policy was introduced the values of inclusivity, empowerment, and
with the noble objective of extending support to academic excellence. It stands as a testament to
academically gifted yet financially disadvantaged the dedication of Microcredit Regulatory Authority
students who aspire to pursue higher education. in fostering a brighter future for the youth of
According to the received information about Bangladesh by facilitating their access to higher
Bangabandhu Higher Education Scholarship, education.
Microfinance Institutions (MFIs) engage in a diverse array MFIs offer client welfare fund and other financial products
of financial activities aimed at fostering financial inclusion to mitigate risks and enhance the financial well-being of
and socio-economic development. Their primary focus lies their clients. Furthermore, they often provide financial
in disbursing microloans to individuals and small businesses, literacy and education programs, equipping clients with
particularly in the Cottage, Micro, Small, and Medium the knowledge and skills needed for prudent financial
Enterprises (CMSME) sector. These loans serve as catalysts management. This holistic approach to microfinance
for entrepreneurship, empowering borrowers to initiate not only addresses immediate financial needs but also
or expand income-generating activities. MFIs also play a contributes to the long-term economic growth and stability
pivotal role in encouraging savings and financial discipline of both individuals and the communities they serve.
among their clients, thereby promoting a culture of thrift and This CMSME sector comprises mainly of the following
financial resilience. In addition to credit and savings, many subsectors:
Table 2.1
Subsectors of CSME
Clients Employees
40.86 million 2.06 Lakh
Loan
Disbursement Branches
BDT 2493.02 25,336
billion
MFIs
731
Loan Savings
Outstanding 602 billion
BDT 1504.15 BDT
billion
Table 2.2
The trend of MRA licensed MFIs’ Activities from 2010 to 2023
Particulars 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
Total No. of Branches 17,252 18,066 17,977 14,674 14,730 15,609 16,204 17,081 18,196 18,825 20,898 20955 23543 25336
Total number of Employees 109,597 1,11,828 1,08,654 1,10,734 1,09,628 1,10,781 1,22,335 1,37,607 1,53,919 1,59,965 1,71,110 175741 206713 206237
Total Clients (Million) 25.28 26.08 24.64 24.6 25.11 26 27.1 29.75 31.2 32.36 33.31 35.19 38.27 40.86
Total borrowers (Million) 19.21 20.65 19.31 19.27 19.42 20.35 22.8 24.72 25.39 25.76 26.15 27.8 29.74 31.53
Loan Disbursement (in Billion BDT) 306.72 303.18 456.02 432.28 462 633.35 776 1046.12 1202 1407.2 1362.75 1512.09 1918.83 2493.02
Loan Outstanding (in Billion BDT) 145.02 173.79 211.32 257.01 282.21 352.41 448.1 570.62 675.05 787.58 888.64 949.85 1241.49 1504.18
Savings (in Billion BDT) 51.36 63.3 75.25 93.99 106.99 135.41 169.04 217.93 263.04 306.19 373.9 422.39 496.24 620.55
Chapter 3 Performance of
MFIs
Graph of Contents
Graph 1: Comparison of average Loan outstanding and and Loan disbursement from the
previous year
Graph 2: Year-Wise Loan Disbursement and Loan Outstanding (2015-2023)
Graph 3: Share of Consolidated Loan Loss provision (LLP)
Graph 4: Percentages of Non-performing loan & Regular Loan
Graph 5: Share of Consolidated Loan Loss provision (LLP)
Graph 6: Percentages of Non-performing loan & Regular Loan
Graph 7: Trend of Savings (2015-2023) in MF Sector
Graph 8: Saving and Loan Outstanding Per Branch (2015-2023)
Graph 9: Microenterprise Loan Share in Total Loan Outstanding (Top 5 MFIs)
Graph 10: Microenterprise Loan Share to Loan Outstanding (Top 6 to top 20 MFIs)
Graph 11: Share of Microcredit and Microenterprise Loan Outstanding in Microfinance
Graph 12: Share of Microcredit and Microenterprise Loan Disbursement in Microfinance Sector
Graph-13: Agriculture Loan Outstanding
Graph 14: Agriculture loan disbursement to Total loan disbursement
Graph 15: Year-wise Agriculture Loan Disbursement and total loan disbursement in Microfinance Sector
Graph 16: Asset Distribution of Microfinance Sector
Graph 17: Distribution of Liabilities of Microfinance Sector
Graph 18: Sources of Fund
Graph 19: Year-wise Growth Scenario of Source of Fund in MFI Sector
Table of Contents
Table 1: Loan Disbursement and Outstanding Trend of MFIs
Table 2: Loan Disbursement and Outstanding Trend per borrower in MF Sector - (in BDT Billion)
Table 3: Consolidated Loan Loss Provision of MFIs
Table 4: Client Savings Trend in MF Sector
Table 5: Productivity performance of the MFI Employees (As of June 2023)
Table 6: Microenterprise Loan Scenario of Top 20 MFIs
Table 7: ME loan outstanding of BRAC and ASA
Table 8: Agriculture Loan Outstanding in sub categories
Table 9: Microfinance Services of Top 20 MFIs in Agriculture
Table 10: Top 10 MFI’s savings share in total saving
Table-11: Sources of Fund of NGO-MFIs in Bangladesh
Table-12: Consolidated Balance Sheets of MFIs (As of June 30, 2023)
While the economy was recovering from the set back increase in loans disbursed from the preceding
by COVID-19 pandemic, high inflation and declining year is likewise at its greatest level in the prior five
forex reserve was driving the MFI clients for more years, at 29.93%.
credit to meet increased working capital needs.
Microenterprise financing by microfinance
As a result, loan outstanding and disbursement per
institutions (MFIs) has developed certain distinctive
borrower have grown positively making sure the
features in recent years. The large disbursement
rural economy remains productive and running. MFIs
capacity of MFIs is the result of several factors,
have always been supporting the rural economy like
including the infusion of funds from the banking
this and last financial year was no different.
sector, the existence of a higher surplus ability
In the past five years, there has been remarkable of MFIs, and the increasing saving propensity of
expansion in both new loans made and loans still clients. The average loan balance per borrower in
outstanding (Existing loan to Borrower). By the end June 2023 was BDT 47,707, up from BDT 41,744 the
of the next fiscal year, in June of 2023, the loan previous year, and the average loan disbursement
balance will have increased by 21.15% from the per borrower in June 2023 was BDT 79,068, up from
end of the previous fiscal year. The percentage BDT 64,520 the year before.
Graph 1:
Comparison of Average Loan Outstanding and Loan Disbursement from the Previous year
Table 1
Loan Disbursement and Outstanding Trend of MFIs - (in BDT Billion)
Particulars 2015 2016 2017 2018 2019 2020 2021 2022 2023
Loan 352 459 584 673 787.58 888.64 949.85 1241.49 1504.18
Outstanding
Loan Disburse- 634 787 1046 1201 1403.2 1362.75 1512.09 1918.83 2493.02
ment (FY)
Table 2
Loan Disbursement and Outstanding Trend per borrower in MF Sector - (in BDT)
Particulars 2015 2016 2017 2018 2019 2020 2021 2022 2023
Loan Disbursement
31154.79 33805.84 42092.56 47319.29 51824.92 52039.84 54355.75 64520.10 79070.97
Per Borrower
Loan Outstanding
17317.44 19732.39 23485.71 26531.5 30573.76 34036.11 34162 41,744.79 47708.39
Per Borrower
Graph 2
Year-Wise Loan Disbursement and Loan Outstanding (2015-2022) – (in BDT Billion)
MRA considers loans with overdue payments watchful, substandard, doubtful, or bad with
older than 30 days to be deemed as non- provisioning rates correspondingly lower or higher.
performing loans. The MFI has considerably more Nonperforming loans decreased both in volume
stringent provisioning requirements than the and percentage in June 2023. The microfinance
conventional banking system. When making a sector has 77.54 billion BDT as nonperforming loan
classification, five broad categories are taken into which 5.15% of the total loan outstanding of June
account. A loan can be categorized as good, 2023.
Table 3
Consolidated Loan Loss Provision of MFIs (June-2023)
Graph 5
Share of Consolidated Loan Loss provision (LLP)
Watchful, 5.08%
*Sub-
Standard-1.76%
*Doubtful, 1.01%
Here in the chart above depicts that sub-standard loans make up 1.76% of NPL, while doubtful loans account for
1.01%, and bad loans represent 2.38%. Accordingly, the percentages of sub-standard, doubtful and bad loans in
2023 add up to 5.15% NPL.
On the other hand, watchful loan also considered as regular loan along with good which makes up to 94.85% of the
total loan outstanding.
Graph 6
Percentages of Non-performing Loan & Regular Loan (June-2023)
Non-performing
Loan, 5.15%
MFIs’ second leading microfinance product is At the end of June 2015, 2016, 2017, 2018, 2019, 2021,
savings accounts for its clients. There was an 2022 and 2023 the total amount of savings was BDT
unswerving rise in client savings in the industry from 135.41 billion, BDT 170.67 billion, BDT 217.16 billion, BDT
2015 to 2023. In June 2023, compulsory savings grew 262.96 billion, BDT 306.19 billion, BDT 373.90 billion, BDT
by 27.22% which was witnessing a downward slope 422.39 billion, 496.24 billion and 620.55 billion. 53.10%
of the savings came through compulsory savings
in previous financial years and other savings grew by
programs, which is promising for the sustainability of the
22.38%. In total, the sector’s savings grew by 25.05%. microfinance industry all together.
Table 4
Client Savings Trend in MF Sector (in BDT Billion)
Particulars 2015 2016 2017 2018 2019 2020 2021 2022 2023
Compulsory Savings 95.5 127.4 174.04 192 210.53 284.16 272.87 258.98 329.50
Other Savings 39.91 43.79 43.12 70.96 96.84 89.74 149.52 237.82 291.04
Total Savings 135.41 171.19 217.71 262.96 306.19 373.9 422.39 496.24 620.55
Graph 7
Trend of Savings (2015-2023) in MF Sector – (In Billion BDT)
Understanding the performance of microcredit to-employee ratio of 153 which were 183 and 141
can be achieved by examining the connection respectively in the previous financial year.
between branch personnel and the cycles of A considerable portion of the workforce in each
savings, loan disbursement, and outstanding loans branch is allocated to accounting and various
at the branch level. operational tasks, and all staff members diligently
Between 2015 and 2023, there was an uptick in strive to enhance the recovery rate of their respective
industry productivity, indicated by the rise in the branches. Boosting the quantity of field staff per
savings-to-loan ratio, with minimal fluctuations branch can contribute to the enhancement of
observed in the client-to-staff and borrower-to- loan disbursement rates for Microfinance Institutions
staff ratios. As of 2023, the current data reveals a (MFIs), subsequently lowering the resources
client-to-employee ratio of 198 and a borrower- allocated to collection and debt recovery efforts.
Table 5
Productivity Performance of the MFI Employees (As of June 2023) - In Million BDT
Particulars 2015 2016 2017 2018 2019 2020 2021 2022 2023
Savings Per Branch 8.68 10.51 12.66 15.36 16.13 17.97 20.15 21.07 24.60
Loan Outstanding Per Branch 22.58 28.21 34.11 39.36 41.5 42.64 45.32 52.73 59.63
Graph 8
Saving and Loan Outstanding Per Branch (2015-2023)
Microfinance institutions (MFIs) play a pivotal role million in microloans, showcasing the substantial
in providing financial services to the economically financial outreach of these institutions. The
disadvantaged population, fostering economic outstanding loan amount of Tk. 539,488.38 million
empowerment and sustainable development. In highlights the ongoing financial support provided
Bangladesh, several MFIs have made significant by these MFIs to their borrowers.
strides in reaching out to micro-entrepreneurs and While BRAC, ASA, and BURO Bangladesh lead in
supporting their financial needs. terms of the number of ME borrowers and loan
BRAC emerges as the leader among the listed MFIs, disbursement, each MFI exhibits a unique approach
boasting the highest number of Microenterprise (ME) and impact in its respective operational area. The
borrowers, with over 1.3 million individuals benefiting diversity in the number of borrowers, loan disbursed,
from their services. The institution has disbursed a and outstanding loan amounts reflects the varied
substantial amount of loans, totaling Tk. 231,909.15 strategies and focus areas of these institutions.
million, contributing significantly to economic activities. The performance and impact of the top 20 MFIs in
The top 20 MFIs collectively disbursed Tk. 598,809.26 Bangladesh is provided in the table below.
Table 6
Microenterprise Loan Scenario of Top 20 MFIs (As of June 2023)
Sl. Lic. Name of Microfinance Institutions Number of ME Loan ME Loan Loan Outstand-
No. No. ME Borrow- Disbursed Outstanding ing (million Tk.)
ers (million Tk.) (million Tk.)
1 65 BRAC 1,305,685 231,909.15 218,308.89 374,253.83
2 100 ASA 598,358 99,543.52 92,786.67 290,023.96
3 288 BURO Bangladesh 274,877 44,077.18 40,385.70 96,377.08
4 105 TMSS 158,844 25,753.88 18,346.42 52,010.19
5 25 Society for Social Service 114,913 20,981.89 15,709.26 42,589.36
6 8 Jagorani Chakra Foundation 182,750 25,950.18 24,885.52 35,502.95
7 155 Sajida Foundation 97,547 15,494.44 20,705.80 35,461.64
8 95 Padakkhep Manabik Unnayan Kendra 69,164 23,131.16 17,039.35 30,539.18
9 3 United Development Initiatives for 49,929 16,968.02 9,173.76 27,376.78
Programmed Actions-(UDDIPAN)
10 18 Shakti Foundation for Disadvantaged 89,243 15,096.42 15,583.96 24,081.96
Women
11 312 Palli Mongal Karmosuchi 76,828 12,703.79 14,239.28 21,819.10
12 263 Bangladesh Extension Education Ser- 56,837 11,492.05 8,467.77 18,477.57
vices (BEES)
13 273 Gram Unnayan Karma (GUK) 48,181 9,061.95 5,074.21 15,097.60
14 97 Centre for Development Innovation 52,302 10,053.23 7,507.12 14,515.63
and Practices
15 26 Rural Reconstruction Foundation 42,355 5,929.56 8,188.53 14,328.55
16 159 Peoples Oriented Program Implementa- 51,018 8,808.53 8,327.28 14,219.22
tion (POPI)
17 167 Resource Integration Centre (RIC) 18,557 6,237.53 3,698.79 13,230.61
18 192 RDRS Bangladesh 19,849 4,934.14 4,137.08 12,894.17
19 600 Proshika Manabik Unnayan Kendro 38,476 6,571.22 3,647.65 12,858.89
20 369 Dushtha Shasthya Kendra (DSK) 23,435 4,111.42 3,275.35 11,890.88
Total (Top 20 MFIs) 3,369,148 598,809.26 539,488.38 1,157,549.14
Total MFIs 4,204,523 739,401.72 630,480.55 1,504,190.40
Table 7
ME loan outstanding of BRAC and ASA (as of June 2023)
MFIs ME Loan outstanding (in % of the top 20 MFIs ME Total Loan % of Total MFI Loan
Name million BDT) Loan Outstanding outstanding Outstanding
BRAC 218,309 40.47% 374,253.83 24.88%
ASA 92,787 17.20% 290,023.96 19.28%
Graph 9
Microenterprise Loan Share in Total Loan Outstanding (Top 5 MFIs) (As of June, 2023) - In Billion BDT
Graph 10
Microenterprise Loan Share to Loan Outstanding (Top 6th to top 20th MFIs) (As of June, 2023) - In Billion BDT
Graph 11
Share of Microcredit and Microenterprise Loan Outstanding in Microfinance Sector (As of June, 2023)
Graph 12
Share of Microcredit and Microenterprise Loan Disbursement in Microfinance Sector (As on June, 2023)
29.65%
Microenterprise Loan
Disbursement
70.34%
Microcredit Loan
Disbursement
The role of microcredit in the agricultural sector Microfinance Institutions (MFIs), as providers of rural
has expanded significantly, constituting more finance, play a vital role in ensuring that farmers
than half of all credits extended in this field. There have access to the necessary funds when they
is a hypothesis that leveraging microcredit could need them. In this regard, certain prominent MFIs
enhance food security for marginal and small-scale have demonstrated excellence in fulfilling this
farmers by optimizing the efficiency of off-farm financial role for farmers.
household agriculture. Microcredit is frequently The total outstanding agricultural loan balance
employed by farmers to procure inputs, and in held by MFIs is 707.89 billion BDT which grew by
some instances, it is utilized to facilitate value 8% from previous financial year, split among sub
chain activities. The crucial aspect of augmenting categories crop, fishery, and livestock loans. While
food production and ensuring security lies in the crops account for 64.95%, fisheries and livestock
timely and sufficient supply of agricultural inputs. account for 7.20% and 27.85% respectively.
Table 8
Agriculture Loan Outstanding in sub categories (as of June 2023) In Billion BDT
Total Loan Outstanding (Billion
Description Percentage
BDT)
Crops 459.81 64.95%
Fisheries 50.96 7.20%
Livestock 197.12 27.85%
Total Agricultural Loan Outstanding 707.89 100%
Graph 13
Agriculture Loan Outstanding (as of June 2023) In Billion BDT
Graph 14
Agriculture loan disbursement to total loan disbursement (As of June 2023)
Graph 15
Year-wise Agriculture Loan Disbursement and Total Loan Disbursement in Microfinance
Sector (in Billion) (As of June 2023)
Over the years, there has been a notable surge in the agricultural sector. This financial backing is
agricultural loan disbursement, reaching 1248.18 crucial for enhancing agricultural productivity and
million in 2023 from 266.25 million in 2015. This fostering economic development. The consistent
trend aligns with an overall increase in total loan rise in total loan disbursement signals a robust
disbursement, climbing to 2493.02 million in 2023. The financial environment, reflecting an increasing
substantial growth in agricultural loan disbursement reliance on loans for various economic activities
underscores a heightened focus on supporting over the analyzed period.
Table 9
Microfinance Activities of Top 20 MFIs in Agriculture (As of June, 2023)
The financial statement reveals a robust asset to Members, showcasing a strong dedication to
structure totaling 1,764,308 million BDT. Key elements member support. The presence of 1,528 million BDT in
include 36,223 million BDT in Property, Plant, Cash in Hand and 36,723 million BDT in Cash at Bank
and Equipment, 6,838 million BDT in Long-Term indicates a sound liquidity position. This configuration
Investments, and 137,805 million BDT in Short-Term highlights prudent resource management, effective
Investments. Notably, a significant portion, 1,504,218 liquidity control, and a commitment to both
million BDT (85% of total assets), is allocated to Loans investment and member welfare.
Graph 16
Asset Distribution of Microfinance Sector (As of June 2023)
The financial overview reflects a substantial balance BDT, underscoring sustained financial performance.
sheet with a total of 1,764.31 billion BDT. Key Noteworthy loans include 106,441.53 million BDT
components include significant members’ savings from PKSF and 1,201.55 million BDT from the Housing
deposits totaling 620,554.17 million BDT, and loans Fund. Prudent measures are evident, including
from commercial banks reaching 279,407.91 million 69,923.05 million BDT in loan loss provisions, ensuring
BDT. Cumulative surplus stands at 537,295.47 million resilience against potential risks.
Graph 17
Distribution of Liabilities of Microfinance Sector (As of June 2023)
Account
Payables 3.11% Loan Loss
Members
Savings Deposits Provision 3.96%
35.17% Donor Fund
0.20%
Loans from
Commercial Banks
15.84% Cumulative
Loans from Other Surplus 30.45%
Micro Credit
Organizations 0.04% Other’s Fund
Loans from Loans from 5.02%
Government Housing Fund Loans from PKSF
Sources 0.10% 0.07% 6.03%
Table 10
Top 10 MFI’s savings share in total saving (As of June, 2023)
Particular Deposit of top 10 MFI’s Rest of the MFIs Total in Billion BDT
In Billion BDT % In Billion BDT %
June 2015 97.5 72.00% 37.91 28.00% 135.41
June 2016 123.33 72.96% 47.13 27.88% 169.04
June 2017 157.04 72.06% 58.98 27.06% 217.93
June 2018 188.19 71.54% 74.77 28.43% 263.04
June 2019 215.56 70.40% 70.4 22.99% 306.19
June 2020 269.09 71.97% 104.81 28.03% 373.9
June 2021 304.21 72.02% 118.18 27.98% 422.39
June 2022 347.35 70.00% 148.9 30.01% 496.24
June 2023 422.56 68.10% 197.98 31.90% 620.55
Devoid of a loan-centric and commercially oriented their dependence on internally generated revenues and
financing framework, Bangladesh’s microfinance industry more consistent, foreseeable funding channels. The sector
would not have expanded from its modest origins to cater primarily secures funding from client savings, cumulative
to over 40 million individuals by June 2023. Throughout surplus (profit), concessional loans from entities like PKSF,
this evolution, major entities have gravitated toward grants from both domestic and international donors, and
commercial funding sources, concurrently augmenting borrowing from commercial banks.
Graph 18
Sources of Fund (Percentage)
Clients Savings
37.85%
Other Funds
5.62%
The breakdown of the microfinance fund composition projected to become the most crucial funding source.
in Bangladesh is illustrated in Table 11. While the overall Following closely are investments from banks and other
fund has seen substantial growth over time, its distribution specialized financial institutions. Palli Karma Sahayak
has remained relatively consistent. The total budget Foundation (PKSF), acting as a wholesale funding
has surged from BDT 884.67 billion in 2019 to BDT 1598.96 institution, has significantly contributed discounted
billion as of June 2023. Client savings have emerged loans to the microfinance sector. Grant contributions
as the primary funding source, with the government from donor agencies represent the least significant
permitting MFIs to collect deposits from members funding source according to current data. MFIs are
and customers. In the future, customer savings are increasingly seeking reliance on internal fund sources.
Table 11
Sources of Fund of MFIs in Bangladesh (As on June-2023)
*Other fund (loans from Housing fund, Loans from Other, Loan from other Govermment Sources, Loan from other
micro-Credit Organitions, Others Fund)
Graph 19
Year-wise Growth Scenario of Source of Fund in MFI Sector (2019-2023) In Million BDT
Table 11
Consolidated Balance Sheets of MFIs (As of June 30, 2023)
Chapter 4
Social Development
Activities of MFIs
Chapter 5
Basic Information
of MFIs
71
Ch. 5
Ch. 5
73
Ch. 5
Ch. 5
81
Ch. 5
Ch. 5
Chapter 6
Positions of
MFIs
Positions of MFIs
License Positions according to different indicators
Serial
Name of MFI No. Loan Number of Number of
No.
(Short form) Outstanding Branch Borrower
1 brac (brac) 65 1 2 1
2 ASA (ASA) 100 2 1 2
3 BURO Bangladesh (BURO Bangladesh) 288 3 3 3
4 TMSS (TMSS) 105 4 5 4
5 Society for Social Service (SSS) 25 5 7 5
6 Jagorani Chakra Foundation (JCF) 8 6 8 8
7 Sajida Foundation (SF) 155 7 10 7
8 Padakhep Manabik Unnayan Kendra (Padakhep) 95 8 11 9
9 United Development Initiatives for Programmed Actions (UDDIPAN) 3 9 4 6
10 Shakti Foundation for Disadvantaged Women (Shakti Foundation) 18 10 6 12
11 Palli Mongal Karmosuchi (PMK) 312 11 13 17
12 Bangladesh Extension Education Service (BEES) 263 12 15 13
13 Gram Unnayan Karma (GUK) 273 13 12 10
14 Centre for Development Innovation and Practices (CDIP) 97 14 22 20
15 Rural Reconstruction Foundation (RRF) 26 15 16 23
16 Peoples Oriented Program Implementation (POPI) 159 16 18 21
17 Resource Integration Centre (RIC) 167 17 9 18
18 RDRS Bangladesh 192 18 14 11
19 Proshika Manabik Unnayan Kendro 600 19 21 19
20 Dushtha Shasthya Kendra (DSK) 369 20 17 14
21 SKS Foundation (SKS Foundation) 45 21 20 22
22 Eco-Social Development Organization (ESDO) (ESDO) 203 22 27 28
23 PROTTYASHI 145 23 34 26
24 Christian Service Society 129 24 19 15
25 Ad-din Welfare Centre (Ad-din) 96 25 23 16
26 Ambala Foundation 86 26 25 67
27 PAGE Development Centre (PDC) 28 27 33 30
28 Manabik Shahajya Sangstha (MSS) 233 28 26 31
29 Society Development Committee (SDC) 343 29 45 41
30 Socio Economic Backing Association (SEBA) 287 30 30 25
31 DAM FOUNDATION FOR ECONOMIC DEVELOPMENT (DFED) 747 31 29 27
32 Centre for Community Development Assistance (CCDA) 245 32 56 38
33 Community Development Centre (CODEC) 103 33 35 32
34 Mamata 218 34 48 39
35 Wave Foundation 23 35 32 29
36 COAST Foundation (COAST) 68 36 38 34
37 Society for Development Initiatives 154 37 51 37
38 National Development Programme (NDP) 222 38 39 40
39 DESHA Shechchashebi Artho-Samajik Unnayan O Manobik Kallyan Sangstha 141 39 52 43
40 Caritas Bangladesh 184 40 24 24
41 HEED Bangladesh (HEED) 258 41 37 33
42 PIDIM Foundation (PIDIM Foundation) 162 42 46 57
43 SDS (SDS) 229 43 53 51
44 Samajik Sheba Shongothon 150 44 47 44
45 Shishu Niloy Foundation (SNF) 1 45 56 74
46 Integrated Development Foundation (IDF) 249 46 36 42
47 JAKAS Foundation 231 47 54 46
48 Village Education Resource Center (VERC) 17 48 42 58
49 PRISM Bangladesh Foundation (PBF) 307 49 73 72
50 Sagarika Samaj Unnayan Sangstha (SSUS) 117 50 70 56
51 Society for Family Happiness & Prosperity (FHP) 111 51 31 36
52 Development Initiative for Social Advancement (DISA) 24 52 41 45
53 Socio Economic Health Education Organization (SEHEO) 532 53 42 35
54 ASPADA Paribesh Unnayan Foundation 199 54 67 50
55 Bastob- Initiative for Peoples Self Development 346 55 64 75
56 Social Advancement Through Unity (SATU) 47 56 48 47
57 Grameen Jano Unnayan Sangstha (GJUS) 275 57 62 49
Positions of MFIs
License Positions according to different indicators
Serial
Name of MFI No. Loan Number of Number of
No.
(Short form) Outstanding Branch Borrower
58 Gram Bikash Kendra (GBK) 183 58 54 48
59 Young Power in Social Action (YPSA) 335 59 66 52
60 Pally Bikash Kendra (PBK) 190 60 64 80
61 SETU 49 61 44 54
62 BASA Foundation (BASA) 46 62 58 70
63 Organization for Social Advancement & Cultural Activities (OSACA) 186 63 87 64
64 Naria Unnayan Samity (NUSA) 422 64 87 89
65 Ghashful 160 65 67 60
66 Paribar Unnayan Sangstha (FDA) 178 66 97 73
67 Uttara Development Program Society (UDPS) 85 67 40 62
68 Gono Kallyan Trust (GKT) 147 68 76 69
69 Gono Unnayan Prochesta (GUP) 403 69 80 68
70 Noakhali Rural Development Society (NRDS) 116 70 71 53
71 ARS-Bangladesh 405 71 59 91
72 Proyas Manobik Unnayan Society (Proyas) 248 72 60 55
73 Nowabenki Gonomukhi Foundation 345 73 85 59
74 Nabolok Parishad (Nabolok) 158 74 84 63
75 Program for Community Development (PCD) 135 75 82 95
76 Society for Projcet Implementation Research Evaluation & Training (SOPIRET) 279 76 71 87
77 Alternative Development Initiative (ADI) 303 77 81 78
78 Ashrai 200 78 27 128
79 Samadhan (Samadhan) 6 79 97 97
80 SANGRAM (Sangathita Gramunnyan Karmasuchi) 188 80 76 81
81 Social Upliftment Society (SUS) 14 81 91 94
82 Dabi Moulik Unnayan Sangstha (DABI) 21 82 86 71
83 Mousumi (Mousumi) 240 83 106 103
84 Friends in Village Development Bangladesh (FIVDB) 423 84 96 61
85 Satkhira Unnayan Sangstha (SUS) 225 85 69 65
86 ATMABISWAS 34 86 89 82
87 Shataphool Bangladesh 207 87 82 66
88 Pabna Protishsruti 101 88 110 98
89 Manab Mukti Sangstha (MMS) 762 89 110 76
90 Bandhu Kallyan Foundation (BKF) 305 90 92 107
91 Gana Unnayan Kendra (GUK) 91 91 74 92
92 Joypurhat Rural Development Movement (JRDM) 278 92 106 85
93 Mohila Bohumukhi Shikkha Kendra (MBSK) 363 93 116 96
94 Rural Development Sangstha (RDS) 374 94 92 90
95 Ahead Social Organization (ASO) 276 95 102 100
96 Dak Diye Jai (DDJ) 237 96 92 99
97 Dwip Unnayan Songstha (DUS) 33 97 109 115
98 Self-Help & Rehabilitation Programme (SHARP) 308 98 106 79
99 Daridra Bimochon Shangstha (DBS) 266 99 102 77
100 Sheva Nari O Shishu Kallyan Kendra 63 100 132 102
101 Palli Progoti Shahayak Samity (PPSS) 280 101 63 84
102 Faridpur Development Agency (FDA) 438 102 161 114
103 United Human Social Advancement Foundation (USHA) 435 103 76 83
104 UNNAYAN (UNNAYAN) 113 104 97 101
105 SOJAG (somaj-ojati gathan) (SOJAG) 11 105 183 151
106 BEDO (BEDO) 16 106 126 113
107 Grameen Progress (GP) 161 107 102 88
108 New Era Foundation (NEF) 61 108 146 121
109 Social And Economic Enhancement Programme (Seep) 44 109 97 109
110 Shapla Gram Unnayan Sangstha 53 110 102 122
111 Srizony Foundation (Srizony) 239 111 48 111
112 Bangladesh Ignite Youth Society (BIYS) 340 112 89 93
113 Grameen Manobic Unnayan Sangstha (GRAMAUS) 201 113 132 112
114 CARSA Foundation 10 114 97 126
Positions of MFIs
License Positions according to different indicators
Serial
Name of MFI No. Loan Number of Number of
No.
(Short form) Outstanding Branch Borrower
115 Bangladesh Fellowship Foundation (BFF) 866 115 79 108
116 Muslim Aid Bangladesh (MAB) 368 116 75 127
117 Centre for Advanced Research and Social Action (CARSA) 221 117 150 135
118 Association for Under-privileged People (AUP) 58 118 150 169
119 Christian Commission for Development in Bangladesh (CCDB) 295 119 126 104
120 Habiganj Unnayan Sangstha (HUS) 62 120 161 137
121 Palashipara Samaj Kallayan Samity (PSKS) 69 121 126 124
122 Resource Development Foundation (RDF) 429 122 61 105
123 Programmes For Peoples Development (PPD) 793 123 161 146
124 Samaj Unnayan Kendra (SUK) 82 124 202 152
125 South Asia Partnership Bangladesh (SAP-BD) 302 125 121 119
126 Al-Falah Aam Unnayan Sangstha (AFAUS) 177 126 146 110
127 Bangladesh Development Society (BDS) 355 127 121 116
128 Pollisree (Pollisree) 313 128 146 123
129 Shiropa Development Society (SHIROPA) 468 129 170 132
130 BNPS Microfinance Trust 379 130 222 117
131 Banchte Shekha (BS) 328 131 110 138
132 Mukti Cox’sbazar (MCB) 272 132 132 140
133 Association for Advancement & Development (AAD) 102 133 136 131
134 Unnayan Prochesta (UP) 57 134 161 133
135 Voluntary Organization for Social Development (VOSD) 235 135 126 687
136 Centre For Rehabilitation Education Earning Development (CREED) 358 136 150 181
137 Association for Rural Advancement in Bangladesh (ARAB) 42 137 155 139
138 Aso Gori Unnayan Sangstha (AGUS) 467 138 170 155
139 PAPRI-Poverty Alleviation Through Participatory Rural Initiatives 107 139 161 149
140 Kushtia Palli Unnayan Sangstha (KPUS) 309 140 183 153
Basic Organization Network for Development and Humanitarian Aid for
141 80 141 202 202
Nation (BONDHAN)
142 Muktipath Unnayan Kendra (MUK) 306 142 150 125
143 Modern Development Organization (MDO) 450 143 170 175
144 Rova Foundation 138 144 170 167
145 Social Assistance and Rehabilitation for the Physically Vulnerable (SARPV) 542 145 202 176
146 World Concern Bangladesh (WCB) 386 146 110 145
147 Sachetan Society (SS) 212 147 161 168
148 Palli Shishu Foundation of Bangladesh (PSF) 331 148 141 161
149 Rural Health Education and Credit Organization (Rheco) 291 149 183 191
150 Bangla-German Sampreeti (BGS) 234 150 141 156
151 Palli Pragati Samity (PPS) 197 151 170 170
152 ANTAR Society for Development 501 152 116 157
153 Ava Development Society (ADS) 470 153 183 185
154 VPKA Foundation 243 154 170 144
155 Focus Society 209 155 170 160
156 Samakal Samaj Unnayan Sangstha (SSUS) 333 156 222 158
157 Village & City Development Society (VCDS) 351 157 141 129
158 Aloha Social Services Bangladesh (ASSB) 108 158 195 153
159 Naogaon Economic & Social Development Organization (NESDO) 819 159 110 147
160 Jugabani Samaj Kallayan Sangstha (JSKS) 326 160 136 150
161 Young Women’s Christian Association of Bangladesh (YWCA) 551 161 195 166
162 Action for Human Development Organization (AHDO) 265 162 170 163
163 Akti Samaj Unnayanmulak Sangstha (Progress) 169 163 141 162
164 Amra Kaj Kory(AKK) 661 164 222 195
‘ENDEAVOUR’Ensure Development Activities for Vulnerable Under
165 31 165 170 172
Privileged Rural People.
166 Bangladesh Association for Community Education (BACE) 560 166 195 171
167 Come to Work (CTW) 217 167 195 159
168 Center for Natural Resource Studies (CNRS) 112 168 150 142
169 GLDP (Grass-root Level Development Programme) 446 169 469 130
Positions of MFIs
License Positions according to different indicators
Serial
Name of MFI No. Loan Number of Number of
No.
(Short form) Outstanding Branch Borrower
170 Gram Unnayan Karjakram (GRAUK) 180 170 222 120
171 Centre for Action Research-Barind (CARB) 170 171 116 180
172 Aungkur Palli Unnayan Kendra 134 172 202 177
173 Social Safety Net Foundaiton (ssnf) 803 173 222 318
174 Uttaran (Uttaran) 277 174 110 136
175 ORGANIZATION FOR THE POOR COMMUNITY ADVANCEMENT (OPCA) 314 175 183 194
176 Anando (Anando) 232 176 136 204
177 Patakuri Society (Patakuri ) 261 177 202 141
178 Manab Seba Ovijan (MSO) 339 178 212 200
179 Samannita Unnayan Seba Sangathan (SUSS) 51 179 222 184
180 Association for Development Activity of Manifold Social Work (ADAMS) 130 180 183 134
Non-Formal Education, Training and Research Society for Village
181 349 181 290 206
Development (DIPSHIKHA)
182 HOPE 517 182 254 226
183 Palli Bhandhu Unnayan Sangstha (PBUS) 383 183 119 143
184 Banaful Social Welfare Organization (BSWO) 395 184 570 211
185 Annaya Samaj Kallyan Sangstha (ASKS) 298 185 121 174
186 CHIRANTANI 98 186 146 173
187 Natun Zibon Rochi (NAZIR) 139 187 268 189
188 Grameen Motsho O Pashusampad Foundation (GMPF ) 448 188 141 164
189 Normisjon Bangladesh (Normisjon Bangladesh) 407 189 183 203
190 Nishkriti 378 190 195 179
191 Social Earn Baking Advancement (SEBA) 88 191 239 212
192 PROKAS (Proshikhon Kormosongsthan O Artho-Samajik Unnayan Songstha) 370 192 351 273
193 Disa Bangladesh 694 193 170 148
194 Concern for Environmental Development and Research (CEDAR) 361 194 212 187
195 Sonar Bangla Polli Unnayan Sangstha 765 195 161 186
196 Association For Intigrated Development-Comilla (AID-COMILLA) 146 196 212 225
197 Barendrabhumi Samaj Unnyan Sangstha (BSDO) 40 197 309 218
198 Association for Realisation of Basic Needs (ARBAN) 66 198 126 196
199 Community Development And Health Care Centre(CDHC) 214 199 254 249
200 Rishi Foundation (RF) 843 200 183 165
201 Grameen Krishi Foundation (GKF) 454 201 92 106
202 Manob Sakti Unnayan Kendro (MSUK) 67 202 212 193
203 SHUSHILAN (N/A) 38 203 158 216
204 Notun Shathi (N S) 284 204 254 237
205 Association for Socio-Economic Advancement of Bangladesh (ASEAB) 164 205 268 210
206 Social Development Associatioin - Comilla (SDA- Comilla) 620 206 268 289
207 Society for Action Research and Development 283 207 170 182
208 Jana Kalyan Sangha (JKS) 408 208 170 198
209 Prodipan 194 209 202 197
210 Poor Welfare Organization (PWO) 204 210 469 244
211 Organization for The Poor Advancement Committee (OPAC) 642 211 222 275
212 Rural Development and Welfare Foundation (RDWF) 262 212 239 255
213 Agragati Seba Sangstha (A S S) 672 213 158 222
214 Rural Economic Support & Care for the Under Privileged(RESCU) 206 214 290 224
215 Association for Renovation of Community Health Education Services (ARCHES) 56 215 239 261
216 Manab Sampad Unnayan Kendra (MASUK) 359 216 290 234
217 Development Organisation of the Rural Poor (DORP) 185 217 161 229
218 Agragati 189 218 290 241
219 Polly Sheba Shangstha(PSS) (PSS) 210 219 309 270
220 Institute of Development Education for Advancement of Landless (IDEAL) 118 220 183 192
221 Jano Unnayan Foundation (juf) 772 221 222 238
222 Karmojibi Kallyan Sangstha (KKS) 428 222 254 221
223 Khulna Mukti Seba Sangstha (KMSS) 35 223 202 205
224 Basic Aid for Local Action King Association (BALAKA) 781 224 469 348
225 Banglar Mela Sangstha (BMS) 354 225 268 248
226 Bangladesh Institute of Research & Development (BIRD) 84 226 254 253
227 Step Towards Empowerment of the Poor (STEP) 327 227 239 232
228 Association for Peoples Development Strem (APDS) 812 228 183 228
Positions of MFIs
License Positions according to different indicators
Serial
Name of MFI No. Loan Number of Number of
No.
(Short form) Outstanding Branch Borrower
229 Noble Education & Literary Society (NELS) 418 229 268 215
230 Environment & Agricultural Development Association (EADA) 181 230 222 213
231 Assistance for Social Organization and Development (ASOD) 127 231 239 86
232 Gandhi Ashram Trust (GAT) 195 232 239 274
233 Basoti Shomaj O Poribesh Unnayon Foundation (Basoti) 483 233 239 254
234 Technical Assistance For Rural Development 699 234 268 287
235 Unnayan Sahayak Sangstha (USS) 329 235 309 178
236 Self-Employment for Rural Destitute Women Through Cottage industries (SERWTCI) 371 236 155 118
237 Perfect Development Foundation 416 237 309 258
238 Village Association for Social Development (VASD) 152 238 309 290
239 Young Economic Society (YES) 104 239 212 246
240 Prottoy Unnayan Sangstha (Prottoy) 20 240 309 296
241 Seed Program Of Grameen Society (SPGS) 814 241 170 214
242 Niskrity Foundation (Niskrity) 352 242 212 217
243 Sabalamby Unnayan Samity 224 243 136 230
244 Association of Development for Economic & Social Help (ADESH) 79 244 570 279
245 Integrated Rural Development Organization (IRDO) 94 245 161 256
246 SHALOM 526 246 121 223
247 Namuja Orthonoitik Unnayan Sangstha (NEDO) 514 247 309 236
248 Poor Relief Services & Health Assistance Society (PROTTASHA) 623 248 401 301
249 Tekshoi Unnayan Sangstha (TUS) 621 249 222 201
250 Sammannita Samaj Unnayan Sangstha (ICDA) 289 250 254 242
251 Development Activities of Society (DAS) 724 251 268 308
252 Social Development Association (SDA) 531 252 222 280
253 Sancred Welfare Foundation (SWF) 54 253 119 183
254 RISDA-Bangladesh 611 254 202 239
255 Nirapad Islami Gram Unnyon Sangstha 602 255 309 354
256 Rajshahi Social Development Program (RSDP) 74 256 268 310
257 Bandhan Sangstha 410 257 309 245
258 Bahumukhi Desh Unnayan Sangsad (BDUS) (bdus) 481 258 469 387
259 Shanti Prio Sangstha (sps) 460 259 254 314
260 Charcha 13 260 254 317
261 Bhagya Unnayan Sanghstha (BUS) 528 261 268 277
262 Alor Nir Somity (A N S) 671 262 351 374
263 Janoseba (Janoseba) 310 263 290 293
264 Stitching Land Ontwikkelings Project Bangladesh (SLOPB) 476 264 309 294
Training Assistance & Rural Advancement Non-Govt. Organization
265 523 265 290 338
(Tarango)
266 Pous Foundation (POUS) 785 266 351 271
267 Suchana Samaj Unnayan Sangstha (SSUS) 267 267 290 235
268 Zagoroni 337 268 351 344
269 Kakon Bahumukhi Unnayan Songstha (KBUS) 540 269 268 269
Bangladesh Social Development Academy (BSDA)
270 114 270 309 219
01994-00796-00114
271 Centre for Mass Education in Science (CMES) 365 271 126 220
272 Society for Social Advancement of Rural People (SSARP) 534 272 268 251
273 AGROGAMI UNNAYAN SANGASTHA (AGROGAMI) 727 273 401 363
274 Seba Artha Samajik Unnayan Sangstha (SASUS) 688 274 401 375
275 BRIDGE-MFI 19 275 195 199
276 Parvin Samaj Kallayan Sangstha 799 276 222 276
277 Society For Advancement Of Rural Areas (SARA) 319 277 309 283
278 Organization for Social and Economical Development (OSED) 39 278 309 291
279 ANANDA SAMAJ UNNAYAN SHANGSTHA (ASUS) 725 279 309 318
280 Center for Rural Service Society (CRSS) 583 280 309 278
281 Crescent 555 281 309 267
282 Social Development Programme (SODEP) 635 282 351 367
283 Development for Society (DS) 250 283 290 400
284 Jugantar Samaj Unnayan Sangstha (JSUS) (JSUS) 144 284 309 355
285 Parash Moni Samajik Unnayan Sangstha (PSUS) 473 285 351 327
286 Progoti Samajkallyan Sangstha (PSS) 48 286 351 333
Positions of MFIs
License Positions according to different indicators
Serial
Name of MFI No. Loan Number of Number of
No.
(Short form) Outstanding Branch Borrower
287 Agraha Unnayan Sangstha (AUS) 708 287 268 266
288 Centre for Integrated program and Development (CIPD) 624 288 309 336
289 Disabled Rehabilitation and Research Association (DRRA) 630 289 254 243
290 Samahar-Woman And Child Development Society (Samahar) 838 290 401 288
291 Palli Karma Unnayan Sangstha (PKUS) 554 291 469 281
292 Barendra Economic Development Organization 796 292 254 295
293 Shishu Sasthya Foundation, Bangladesh 216 293 469 227
294 Participatory Development Organization (PDO) 453 294 401 342
295 Eskander Welfare Foundation (EWF) 173 295 222 284
296 Habitat & Economy Lifting Programme (HELP) 191 296 290 262
297 Ansar Ali Foundation For Integrated Development (AFID) 321 297 309 312
298 Northern Development Foundation-Ndf (NDF) 823 298 268 264
299 Sangkalpa Trust (Sangkalpa) 409 299 136 240
300 Karmarjan 132 300 290 311
Voluntary Activities for Social & Human Advancement Foundation
301 665 301 401 304
(VASHA Foundation)
302 North Bengal Rural Development Society (NRDS) 660 302 401 324
303 Support for Rural Advancement Society (SUPPORT) 41 303 125 337
304 USA 484 304 268 247
305 Peoples Development Society (PDS) 505 305 254 323
306 Bajitpur Rural Advancement Society (BRAS) 12 306 239 260
307 Local Development Program (ldp) 721 307 469 443
308 Alor Disha Foundation 824 308 268 209
309 Bangladesh Agricultural Working Peoples Association (BAWPA) 685 309 290 252
310 Nirapod Samaj (NS) 675 310 401 378
311 Report for Development Society (RDS) (RDS) 390 311 268 322
312 Aushgara Unnayan Sangstha (AUS) 325 312 570 325
313 SHESO(Orgnization Of Social Health Education & Sanitation) (SHEO) 678 313 401 208
314 Blind Education and Rehabilitation Development Organization (BERDO) 296 314 401 349
315 Humanitarian Aid For Rural Development Society (HARD Society) 797 315 212 315
316 Grameen Prosar 140 316 158 190
317 Jagrata Juba Shangha (JJS) 50 317 351 320
318 Grameen Samaj Unnayan Sangstha (GSUS) 452 318 222 305
319 Social Development Organization (SDO) 590 319 469 396
320 Bilhamla Social Development Sangstha (BSDS ) 442 320 351 394
321 Country and Human Development Society (CHDS) 871 321 254 262
322 Seba Foundation 835 322 183 299
323 Development Initiative For Human Advancement(DIHA) 791 323 268 298
324 Voluntary Association for Rural People (VARP) 338 324 239 328
325 Nobo Jibon 166 325 309 233
326 Gram Bikash Sangstha (GBS) 499 326 309 333
327 ADRSO Shomaj Kallyan Sangstha (ADRSO) 73 327 570 307
328 Rural Advancement Committee (RAC) 692 328 401 392
329 DRISHTIDAN 27 329 401 316
330 Sthanio Unnayan Sangstha 297 330 351 382
331 Light House 774 331 309 339
332 Advanced Society for Any Research & Active Life Oriented Work (ASAR ALOW) 753 332 469 397
333 People’s Welfare Foundation 627 333 351 391
334 Poverty Alleviation Drive (PAD) 255 334 309 371
335 Bangladesh Association for Sustainable Development (BASD) 431 335 268 268
336 Abdul Momen Khan Memorial Foundation (Khan Foundation) 388 336 570 379
337 Socio Economic Development Agency (SEDA) 424 337 290 286
338 Palli Bandhan Kendra (Palli Bandhan Kendra) 90 338 351 326
339 Shawdesh Unnayan Kendra (SUK) 426 339 469 362
340 Dipti Shomaj Unnoyan Sangstha (DSUS) 821 340 401 357
341 Chatihati Nabo Uddipon Songgo 662 341 351 501
342 Noor Foundation Bangladesh (NFB) 782 342 222 259
343 OCAB Society 156 343 309 358
344 Chetona Manobik Unnayan Sangstha (Chetona) 780 344 309 431
Positions of MFIs
License Positions according to different indicators
Serial
Name of MFI No. Loan Number of Number of
No.
(Short form) Outstanding Branch Borrower
345 New Initiative for Empowerment of the Poor (NIEP) 566 345 401 353
346 Poribar Unnayon Foundation (FDF) 622 346 351 381
347 Saptagram Nari Swanirvar Parishad 121 347 351 427
348 PANJERI SAMAJ UNNAYAN SANGSTHA (PSUS) 737 348 469 450
349 Development Organization of Rural Peoples (DOORP) 491 349 401 359
350 Dinajpur Polli Unnayan Prochesta (DPUP) (DPUP) 868 350 570 372
351 Dustha Manobatar Seba Sangstha (DMSS) 756 351 351 332
352 APON Artho Samajik Unnyon Songstha (APON) 829 352 351 340
353 Prattasha Samaj Kallyan Sangstha (psks) 397 353 239 366
354 Association for Landless and Poor (ALAP) 571 354 401 437
355 Palli Unnayan Parishad (PUP) 440 355 351 384
356 Development Institute For Social And Human Affairs (Disha) 813 356 570 207
357 SABUJ BANGLA ARTHO SAMAJIK UNNAYAN SANGSTHA 865 357 351 330
358 Satkhira Manob Unnayan Sangstha (smus) 749 358 401 302
359 Ideal Karma Shahaok Foundation (IKSF) 761 359 401 376
360 Rural Unemployment and Poverty Alleviation Association (RUPA) 695 360 290 250
361 Rural Economic Development Aid Society (REDAS) 432 361 570 389
362 Association for Women Empowerment and Child Right’s (AWAC) 436 362 401 347
363 Proyash Unnayan Sangstha (PUS) 439 363 309 329
364 Shaplaful (sf) 196 364 570 188
365 Integrated Service for Development of Children & Mothers (ISDCM) 7 365 239 364
366 AMDA Health & Environment Development Society (AMDA Bangladesh) 344 366 570 441
367 Bangladesh Grameen Seba Sangstha 458 367 401 385
368 Rural Youth Development Organization(RYDO) 640 368 469 390
369 Adarsho Manob Kallyan Sangha 406 369 570 414
370 Unnayan Sangha (US) 92 370 212 282
371 Seba Environment Development Society (Seba) 530 371 469 402
372 Pariber O Shishu Kallyan Kendra (POSKK) 126 372 401 272
373 Protiggya Parishad 421 373 570 602
374 Tarana Trust 653 374 469 380
375 Gonoshasthaya Kendra (GK) 650 375 212 303
376 BASCO Foundation (BASCO) 330 376 401 393
377 Gender & Environment Management Society (GEMS) 745 377 401 484
378 Development Organisation for Equity & Love (Doel) 220 378 401 343
379 Biva 70 379 351 373
380 Pathokoli Sangstha (PKS) 520 380 469 346
381 Village Development Foundation (VDF) 211 381 268 309
BANGLADESH HEALTH AND EDUCATION DEVELOPMENT
382 739 382 401 419
SOCIETY (BHEDS)
383 Gazipur Unnayan Sangstha (GUS) 522 383 469 524
384 Swadesh Unnayan Sangstha-Gopalgonj (SUSG) 559 384 570 440
385 Action in Development (AID) 32 385 212 285
386 Society for Development of Self Reliance in Bangladesh 465 386 309 577
387 Graush (Graush) 697 387 202 265
388 Dustha Manab Unnayan Society (DMUS) 847 388 351 465
389 RUPA Rural & Urban People’s Association (RUPA) 478 389 570 467
390 Society for Social Development and Economy (SSDE) 367 390 469 398
391 Adventist Development and Relief Agency ADRA Bangladesh 876 391 401 413
392 Joyoti Society 784 392 351 356
393 Joutha Unnayan Prochesta (JUP) 700 393 570 388
394 Soul Foundation for Disadvantaged Womenn (Soul ) 503 394 351 352
395 Mohishbathan Samaj Kallayan Samiti (MSKS) 795 395 469 442
396 Kapasia Polliseba Shishiu O Protibandhi Foundation (kpspf) 809 396 309 482
397 Gaffargaon Foundation (GF) 769 397 183 383
398 Grameen Jono Unnayan Sangstha 596 398 570 438
399 Akti SamajKallyanmulak Protisthan (Udoy) 165 399 155 351
400 Integrated Social Service Of Peoples Advancement (ISSPA) 825 400 401 404
401 Socio-Economic And Environment Development Sangstha (SEEDS) 466 401 469 426
402 Palli Seba Sangha (PSS) 794 402 570 434
403 SOCIAL DEVELOPMENT COMMITTEE (SDC) 702 403 309 350
Positions of MFIs
License Positions according to different indicators
Serial
Name of MFI No. Loan Number of Number of
No.
(Short form) Outstanding Branch Borrower
404 Austha Manabik Unnayan Kendra 573 404 351 538
405 Rural Economic Development Program (REDP) 412 405 351 407
406 Community Health Care Project (CHCP) 55 406 132 361
407 Naogaon Artho-Samajic Unnayan Sangstha (NASUS) 748 407 570 521
408 Grameen Alo Songstha (GAS) 527 408 570 377
409 Somaj Unnayan Karmo (SARK) 764 409 570 464
410 Society Development Committee (SDC) 582 410 401 595
411 Dustho Mohila Sangstha (DMS) 798 411 570 445
412 Children Life Organization of Genus (CLOG) 506 412 570 463
413 Bani (Samaj Unnayanmulok Protisthan) (Bani) 488 413 570 399
414 People’s Development Foundation (PDF) 807 414 254 257
415 Supta Protiva Bikash Sangstha (spbs) 698 415 469 504
416 Holodia Mohila Unnayan Sangstha (HMUS) 124 416 401 591
417 Shikha Samaj Kalyan Sangstha 668 417 222 493
418 Social Organization for Voluntary Advancement (SOVA) 215 418 726 424
419 Manab Unnayan Kendra (MUK) 686 419 469 401
420 Pratibandhi Kallyan Kendra (PKK) 625 420 351 418
421 Sonali Bhabishyat (S B) 377 421 401 408
422 Nari Maitree (NM) 575 422 351 313
423 Ujan (Akti Manab Kallayan Sanghta) (Ujan) 415 423 570 603
424 Shamoli Polli Unnayan Sangstha (SPUS) 674 424 401 522
425 Hanum Health Development Foundation (HHDF) 172 425 351 300
426 Help Bangladesh 706 426 570 613
427 PUSPO POLLI UNNAYAN SONGSTHA 779 427 309 365
428 Posobid Unnoyon Sangstha (Posobid) 2 428 570 456
429 Gano Milan Foundation 208 429 351 472
430 Beneficiary’s Friendship Forum (BFF) 644 430 469 459
431 Chaltya Shekha 723 431 469 531
432 NEDA Society (NEDA Society) 508 432 351 455
433 Abalamban 792 433 401 306
434 Grameen Alo 511 434 309 321
435 Social Advancement for Village Environment (SAVE) 537 435 401 395
436 Daridra Bimochon (DABI) 862 436 268 368
437 Ancholic Polli Unnayan Sangstha (APUS) 637 437 469 495
438 Hira Samaj Unnayan Sangstha (HSUS) 763 438 570 482
439 Nirman Sangathan (NS) 535 439 570 409
440 Joy Bangla Nari Unnanyan Sangstha 883 440 570 453
441 Jagarani Mohila Kallyan Sangstha(JMKS) 334 441 401 436
442 Rural Peoples Development Society (R.P.D.S) 389 442 351 341
443 Society for Disadvantage Origins 509 443 469 631
444 Nari Unnayan Forum (NUF) 750 444 469 614
445 Dip Shetu (Dip Shetu) 350 445 351 432
446 Projukti Peeth (PP) 547 446 570 639
447 Jagoroni Somaj Unnayan Sangstha 592 447 309 549
448 Social Edification of Benign Assimilation Soceity (SEBA) 320 448 401 411
449 Dipika Samaj Kalyan Sangstha 848 449 570 420
450 Somaj Unnoyan Karjocrom (SUK) 594 450 469 555
451 Sobuj Bangla (sbangla) 205 451 469 526
452 Access Toward Livelihood and Welfare Oraganisation (ALWO) 244 452 401 416
453 Diganta (Diganta) 251 453 401 412
454 Moulik Babosthapona Sangstha (BMS) 586 454 469 458
455 SAMMILON FOUNDATION 619 455 469 470
456 Gramer Alo (Gramer Alo) 589 456 401 507
457 Manabsampad Kallan Sangstha (MAKS) 545 457 469 611
458 Unmesh (unmesh) 744 458 570 546
459 Rangpur Unnayan Samajik Sangstha (RDSS) 76 459 469 634
460 S T R Foundation (STRF) 833 460 570 434
461 Mirzapur Paribesh Unnayan Foundation (mpuf) 651 461 202 410
462 Protiddhani Samaj Unnaya Sangstha (PSUS) 616 462 570 510
463 Basundhara Foundation (bfoundation) 850 463 570 335
Positions of MFIs
License Positions according to different indicators
Serial
Name of MFI No. Loan Number of Number of
No.
(Short form) Outstanding Branch Borrower
464 Samannita Jonokallyan Kendra (SJK) 758 464 570 618
465 Mother Advancement Assistance (MAA) 223 465 469 297
466 The Garo Baptist Convention Christian Health project,Joyramkura (GBCCHP) 376 466 290 360
467 Daridro & Paribash Unnaon Society (Dapus) 729 467 469 428
Brotee Samaj Kallyan Sangstha
468 875 468 469 449
21112-00269-00875
469 Association for Social Development (ASD) 593 469 469 510
470 Grameen Seba Sangstha (GSS) 83 470 469 444
471 Environmental And Socio Economic Network (ESEN) 375 471 570 417
472 Tribedi Mahila Samaj Unnayan Sangstha (tmsus) 521 472 401 515
473 Homland Development Organization 615 473 570 594
474 Alok Bangla (An Initiative to Promote People’s Self-Help) 859 474 469 534
475 Dharani Samaj Kallayan Sangstha 655 475 570 480
476 NABARUPA POLLY (nrp) 742 476 570 345
477 Family Development Service & Research (FDSR) 274 477 469 647
478 Jatio Tarun Sangha (JTS) 736 478 401 624
479 Dhaka Palli Sheba Sangstha 787 479 401 460
480 Grameen Alo (GA) 872 480 570 487
481 Society for UDDOG 738 481 469 490
482 Progoti Kendro (PK) 437 482 401 370
483 Lal Hossain Chowdhury Memorial Foundation (LHCMF) 639 483 469 569
484 Jamuna Samaj Kallyan Sangstha 667 484 469 499
485 Khandokhetro Social Development Organization (KSDO) 601 485 570 630
486 SOLIDARITY 246 486 351 231
487 Polly Arthik Unnayan Karzocrom (PAUK) 735 487 570 457
488 Isamati Samaj Unnayan Sangstha 591 488 469 595
489 Social Equality for Effective Development (SEED) 743 489 469 530
490 Youth Initiative For Socio-Economic Activity(YISEA) 734 490 401 403
491 Grameen Samajik Unnayan Foundation (RSDF) 776 491 309 541
492 Rupashi Bangla Unnayan Sangstha 827 492 469 439
493 Nazrul Smriti Sangsad (NSS) 711 493 351 498
494 Dishari unnayan sangstha (DUS) 775 494 469 579
495 Rangpur Health & Educationi Improvement Society (RHEIS) 457 495 469 577
496 Pally Unnayan Samaj Kallyan Sangstha (PUSKS) 254 496 309 429
497 Universal Social Helping Association (USHA) 714 497 570 574
498 Artha-Samajik Unnayan Sangstha (AUS) 411 498 570 551
499 Poverty Alleviation and Social Advancement Association (PASAA) 471 499 570 628
500 Seba Gram Unnayan Sangstha 822 500 570 430
501 Socio Economic Advancement Organization (SEAO) 746 501 570 543
502 SAVIOUR 574 502 469 650
503 Grameen Economic And Social Advancement (GESA) 495 503 401 386
504 Islami Social Development Organization (ISDO) 342 504 290 621
505 Rural Development Associate (RDA) 681 505 469 590
506 Banchte Chai Samaj Unnayan Songstha (BSDO) 879 506 469 473
507 Sustainable Upliftment Initiative Trust (SUITT) 720 507 351 477
508 Manikganj Unnayan Songstha (Maus) 777 508 469 446
509 Swakalpa Society (S S) 608 509 570 541
510 Social Organization for children & Nation (soochana) 60 510 570 468
511 Palli Samonnaya O Shikkha Kallyan Parishad (Pasashik Parsad) 37 511 351 510
512 Integrated Social Welfare Association (ISWA) 259 512 570 565
513 Palimati Samaj Kalyan Foundation (PSKF) 817 513 469 534
514 Samaj Unnayon Palli Sangstha (SDRS) 830 514 351 531
515 Noakhali Rural Action Society (N-RAS) 392 515 570 660
516 Alor Dishari Mohila Unnayan Sangstha (AMUS) 789 516 469 587
517 Community Development Program (CDP) 77 517 290 514
518 Sirajgonj Manab Kallan & Somaj Unnoan Songstha 790 518 469 494
519 SAHAI Sesshashebi Pally Unnayan Sangstha 301 519 570 330
520 Grameen Krishok Sohayak Sangstha (GKSS) 510 520 469 553
521 Action for Social Development (ASD) 323 521 570 589
522 Community Development Society (CDS) 806 522 570 625
Positions of MFIs
License Positions according to different indicators
Serial
Name of MFI No. Loan Number of Number of
No.
(Short form) Outstanding Branch Borrower
523 Diganta Foundation (Diganta Founadation) 770 523 351 421
524 Bangladesh Association of Women for Self Empowerment (BAWSE) 30 524 570 639
525 Barendra Development Organization (BDO) 861 525 469 469
526 Grameen Unnayan Sangstha (GUS) 15 526 351 462
527 Gender Relation Advancement & Marginalized Development Society (GRAM) 629 527 570 601
528 Palli Unnayan Foundation 705 528 469 508
529 Society for Unhappy & Needy (SUN) 500 529 570 491
530 DESH Foundation (D F) 804 530 401 500
531 LUSTRE (LUSTRE) 72 531 239 528
532 Bhumija Foundation (Bhumija) 479 532 570 517
533 Hilful Fuzul Samaj Kallyan Sangstha (HFSKS) 393 533 222 292
534 Udayan Samity (US) 587 534 570 586
535 Alor Pothe (AP) 597 535 570 486
536 Rural Reconstruction Society (RRS) 752 536 570 369
537 BADHAN GRAM UNNAYAN FOUNDATION (BGUF--673) 673 537 570 484
538 Oriental Foundation 595 538 401 547
539 Social Progresive Society (SPS) 808 539 351 474
540 Benupur Nayapara Janoseba Sangstha (BNJS) 543 540 570 471
541 Dream Heaven Association (DHA) 828 541 570 610
542 Thanapara Swallows Development Society (TSDS) 550 542 570 454
543 VARSA 853 543 469 452
544 Sathi Samaj Unnayan Sangstha (SSUS) 741 544 309 551
545 Jano Hitoishi Sangstha (jhs) 443 545 469 638
546 Social Development Service (SDS) (SDS) 802 546 469 509
547 Tarango Development Organization (TDO) 801 547 290 626
548 Polli Unnayan Kormosuchi 719 548 570 574
549 Samata Unnyan Sangstha (SUS) 364 549 570 505
550 Chandpur Socio-Economic Development Organization (CSEDO) 788 550 570 553
551 Bangio Gonounnayan samity (BGS) 445 551 570 661
552 SAGAR 603 552 469 633
553 Poor Human Integrated Social Welfare Organization (PHISWO) 717 553 570 612
554 Social Advancement Networking Community Organization (SANCO) 857 554 570 522
555 Protisruti Manobik Bikash Sangstha 568 555 570 548
556 Desh Development Center (DDC) 810 556 570 475
557 Janata Polli Unnayan Sangstha (jpus) 722 557 469 656
558 Hunger Poverty Alleviation Organization (H.P.A.O) 873 558 570 481
559 Mouchak Samaj Unnayan Sangstha (Mouchak) 877 559 570 566
560 Maitree Seba Sangstha (matreeseba) 618 560 469 562
561 Jamuna Social Foundation 493 561 469 641
562 Sanchayan Unnayan Sangstha (SUS) 696 562 570 562
563 Rural Environment Education And Econnomic Development Society (REEEDS) 834 563 469 519
564 Centre for Development Services (CDS) 322 564 239 488
565 Progressive Star Society (P.S.S) 844 565 570 539
566 Alo Manabik Unnayan Kendra (ALO) 539 566 401 405
567 Peoples Union of the Marginalized Development Organization (PUMDO) 553 567 570 644
568 HUMAN AND NATURE DEVELOPMENT SOCIETY (HANDS 851 568 469 423
569 Ruposhi Bangla Society 771 569 469 579
570 Samannita Attonirvorsheel Samaj Unnyon Sangstha (SISDA) 684 570 570 489
571 AMITY MANOB UNNAYAN SANGSTHA 778 571 570 543
572 Shefali Mohila Kallayan Sango (smks) 718 572 570 478
573 Manab Kallayan Sangstha Comilla (MAKS COMILLA) 716 573 469 659
574 National Development Council (NDC) 123 574 570 447
575 Dustho Kallyan Sangstha (DUKS) 519 575 351 421
576 Al Kariem Shikkha O Paribesh Unnayan Foundation 663 576 570 618
577 Nice Social Welfare Organizaion (NSWO) 863 577 570 571
578 Basundhara Kallyan Foundation (BKF) 599 578 469 506
579 Women Job Creation Centre (WJCC) 656 579 469 604
580 Amena Foundatiion (A.F) 856 580 570 605
581 Raymajhira Sabuj Sangha (RSS) (RSS) 820 581 570 503
582 Trishna Samaj Kallyan Sangstha (TSKS) 858 582 570 513
Positions of MFIs
License Positions according to different indicators
Serial
Name of MFI No. Loan Number of Number of
No.
(Short form) Outstanding Branch Borrower
583 Development of Integrated for Social Association (DISA) 241 583 401 622
584 Malancha Foundation of Bangladesh (Malancha Foundation of Bangladesh) 461 584 469 620
585 Abdul Hai Zahura Welfare Foundation 529 585 401 593
586 Disable Development and Educational Foundation (DDEF) 882 586 469 550
587 Shusamaj Foundation (SF) 687 587 570 560
588 Jhaudia Gram Unnayan Sangstha 558 588 570 600
589 Gram Bangla Unnayan Sangstha (GBUS) 783 589 570 666
590 Janoseba Development Society (JDS) 870 590 469 556
591 Society For Research And Development Steps (SRDS) 836 591 469 609
592 Akota Samaj Unnayan Kenddra (ASUK) 401 592 570 642
593 Association for Social Development (ASD) 447 593 570 574
594 Social Association for Future Establishment (SAFE) 666 594 570 559
595 Adorsha Foundation 703 595 239 475
596 Nawbagonj Integreted Poverty Aleavation Foundation 646 596 570 648
597 Retired Grameen Banker’s Foundation (RGBF) 664 597 469 616
598 Rural Advancement Committee for Bangladesh (RAC-BANGLADESH) 120 598 570 451
599 RELATION (RELATION) 652 599 469 543
600 SEHED SOCIETY (SEHED SOCIETY ) 880 600 469 466
601 Local Initiative for Empowerment (LIFE) 238 601 469 651
602 Organization for Rural Advancement (ORA) 187 602 570 448
603 Shahajira Mohila O Shishu Unnayan Sangstha (smsus) 400 603 570 599
604 Sristy Samajik Unnayan Sangstha 805 604 351 584
605 Save Our Life (sol) 563 605 401 667
606 Sisa Jubo Samaj Kallayan Sangstha (SISA) 549 606 570 531
607 Dipti Foundation (DF) 631 607 469 534
608 Association of Voluntary Action for Society (AVAS) 647 608 570 675
609 Social Organization for Poverty Alleviation (SOPAN) 846 609 570 657
610 Grameen Juba Samaj Kallyan Sangstha 840 610 469 515
611 Ulashi Sreejony Sangha (USS) 641 611 351 597
612 Bangladesh Palli Unnayon Foundation (BPDF) 562 612 570 566
613 Udayan Sangstha (00) 577 613 570 665
614 Nari Development Organization (N.D.O) 842 614 401 478
615 Leya Health & EducationDevelopment Foundation 286 615 726 518
616 Association of Workers for Alternative Rural Development (AWARD) 754 616 469 668
617 Voluntary Organization for Rural Development (VORD) 230 617 401 583
618 SUROVI 751 618 351 678
619 Sebar Agrodrut (Ekati Samajik Unnayanamulaka Sanstha) 881 619 570 524
620 Pally Kallyan Sangstha 614 620 570 597
621 Allokito Gram (AGGRA) 845 621 570 582
622 Janakallyan Manobik Unnoyon Shankstha (jmus) 755 622 570 562
623 Nirmol Foundation 580 623 570 664
624 Taltala Jubo Unnayon Sangothon (Taida) 93 624 401 569
625 Palli Agragami Sangstha (RAK) 175 625 570 653
626 SOCIETY FOR RURAL IMPROVEMENT AND STABILITY (SRISTY) 693 626 570 433
627 Palli Rakkha Sangstha (PARAS) 282 627 401 556
628 Polli Samajik Karzokram Sangstha (ROSA) 726 628 469 658
629 Gaibandha Rural Development Foundation (GRDF) 860 629 570 496
630 Zilik Foundation (ZF) 818 630 401 425
631 Community Development Organization (CDO) 610 631 570 617
632 Karatoa Pally Unnoyan Shangstha (kpus) 607 632 469 669
633 Bangladesh JanaKallyan Songstha (BJS) 486 633 469 592
634 Swadesh Sheba (SS) 811 634 401 608
Barendra Advancement Integrated Committee (BAIC)
635 676 635 351 684
06615-02316-00676
636 Sopnil Bangladesh Foundation 733 636 570 534
637 Health, Education & Economic Development Organization (HEEDO) 380 637 469 643
638 Social Activities for Environment (SAFE) 710 638 469 679
639 Social Advancement Community Organization (SACO) (SACO) 831 639 570 579
640 Poribar Kallyan Sahayak Samittee (PKSS) 578 640 570 615
641 Bakergonj Forum 682 641 401 676
Positions of MFIs
License Positions according to different indicators
Serial
Name of MFI No. Loan Number of Number of
No.
(Short form) Outstanding Branch Borrower
642 Baral Foundation For Environment & Sustainable Development (BARAL) 832 642 469 520
643 NEED Manabik Unnayan Kendra 604 643 351 671
644 USHA Bangladesh (USHA Bangladesh) 632 644 401 637
645 Sejuti Health & Education Development Foundation (SHEDF) 768 645 469 491
646 Disa Integrated Social Advancement Foundation (DISA Foundation) 679 646 570 605
647 Nabodip Somaj Kallayn Songstha 815 647 570 560
648 Sabuj Bangla Jubo Kallan Sangstha (sbjks) 855 648 570 556
649 Dhau Health, Education & Environment Development Society (Dhau Society) 816 649 570 566
650 Sonali Swapna Welfare Trust (sswt) 849 650 570 497
651 Khandaker Kallyan Trust and Organization 638 651 570 540
652 Esamoti Human Development Foundation (EHDF) 670 652 570 623
653 Peoples Organization for Empowerment (POFE) 854 653 570 527
654 Saat Ichchha Manobik Unnayan Sangstha (Saimus) 122 654 401 585
655 Anirban Samaj Unnayan Sangstha (ASUS) 294 655 570 629
656 Gono Unnayan Sangstha (GUS) 569 656 570 605
657 Manob Kallyan Sangstha (MKS) 430 657 401 632
658 Social Advancement for People’s Liberation Agency (SAPLA) 316 658 401 635
659 Development for Poor People’s (D.P.P) 864 659 570 571
660 Agrodut Foundation 691 660 469 676
661 Prantic Unnayan Society 613 661 351 680
662 Maitree Palli Unnayan Sangathon (MPUS) 492 662 570 673
663 Mukti Nari-O-Shishu Unnayan Sangstha (MNSUS) 362 663 401 654
664 Uddyaog Foundation 567 664 401 627
665 Chatana Mohila Unnayan Sangstha (cmus) 494 665 570 406
666 Agamir Shwapno (as) 837 666 469 571
667 Nari-O-Shishu Kallyan Foundation (NSKF) 137 667 309 681
668 Integrated Community Development Society (I.C.D.S) 839 668 469 502
669 PDO (Peace and Development Organization) (PDO) 878 669 570 672
670 Organization for Agricultural Social And Intellectual Salvation (OASIS) 867 670 570 528
671 Ashar Alo Somaj Kollan Songstha (ASKS) 760 671 570 652
672 Agrapathik Development Foundation 617 672 570 649
673 Polli Shahajogi Bishawyk Sangstha (ARCO) 193 673 570 588
674 Integrated Community Development Committee (ICDC) 852 674 570 415
675 Joutha Udyog 707 675 570 646
676 Human Association for Rural Development (HARD) 87 676 401 663
677 Social & Cultural Development Foundation (SCDF) 669 677 570 655
678 Euro Bangla Foundation (EBF) 841 678 570 670
679 Initiative for People’s Development (IPD) 399 679 469 662
680 Bongram Samajik Unnayn Sangstha (BSUS) 704 680 570 645
681 Mukti Foundation 381 681 570 461
682 Homeland Association for Social Improvement (HASI) 109 682 351 635
683 Palli Bikash Foundation (PBF) 645 683 469 674
684 Padma-Gorai Manobik Unnayan Sangstha (pgmus) 658 684 570 683
685 Assistance for the Livelihood of the Origins (ALO) 576 685 469 685
686 Unnayaner Pathe Manush (UPAMA) 9 686 570 682
687 Palli Kallyan Shikkha Society (PKSS) 657 687 726 686
Chapter 7
Division & District
wise Coverage of MFIs
Graph of Contents
Graph 1: Division wise number of branches
Graph 2: Division wise number of clients and borrowers
Graph 3: Division wise loan outstanding and savings
Table of Contents:
Table 1: Divisional highlights of the MFIs
Table 2: District wise coverage of MFIs
As of June 30, 2023, total 731 licensed MFIs were The proliferation of branches signifies a significant
operating across Bangladesh. increase in the coverage of microfinance services,
These MFIs collectively managed 25,336 branches indicating the industry’s commitment to reaching
nationwide, indicating a substantial expansion with both rural and urban settings throughout the
the opening of 1,793 additional branches in the country..
fiscal year 2022-2023.
Graph 1
Division wise number of branches
No of Branches
6707
825
The microfinance industry is notably persistent in This concentration is expected, given the larger
underserved communities. Dhaka, Chittagong, number of districts and higher population density in
Rajshahi, Khulna, and Rangpur collectively account Dhaka and Chittagong, making them the primary
for more than 86.52% of all branches. contributors to the industry’s expansion.
Table 1
Divisional highlights of the MFIs
Graph 2
Division wise number of clients and borrowers
Borrower Client
Dhaka and Chittagong divisions collectively represent Similar trends can be observed in savings
51% of the total loan outstanding, highlighting their mobilization, with a significant portion managed by
significant role in the microfinance industry. Dhaka and Chittagong divisions.
Rajshahi, Khulna, and Rangpur divisions contribute
another 35.44% to the total loan outstanding.
Graph 3
Division wise loan outstanding and savings
Table 2
District wise Coverage of MFIs
% of Total
No. of % of Total % of Total Total % of Total % of Total
Division District Total Clients Loan Outstanding Loan Out- Total Savings
Branches Branches Clients Borrowers Borrowers Savings
standing
Barguna 176 0.69% 257,387 0.63% 199,120 0.63% 7,929,584,887 0.53% 4,775,698,688 0.77%
Barisal 423 1.67% 649,097 1.59% 496,428 1.57% 21,292,103,317 1.42% 10,737,557,013 1.73%
Bhola 264 1.04% 456,111 1.12% 360,483 1.14% 18,471,592,846 1.23% 7,016,760,664 1.13%
Barisal
Jhalokati 103 0.41% 166,979 0.41% 134,996 0.43% 5,163,706,018 0.34% 2,897,364,560 0.47%
Patuakhali 307 1.21% 486,478 1.19% 365,971 1.16% 15,761,818,058 1.05% 8,681,792,651 1.40%
Pirojpur 193 0.76% 297,105 0.73% 215,633 0.68% 10,172,314,533 0.68% 5,329,500,127 0.86%
Total 1466 5.79% 2,313,157 5.66% 1,772,631 5.62% 78,791,119,659 5.24% 39,438,673,703 6.36%
Bandarban 37 0.15% 60,257 0.15% 47,432 0.15% 1,802,926,289 0.12% 864,824,950 0.14%
Brahmanbaria 505 1.99% 752,089 1.84% 583,034 1.85% 40,887,983,400 2.72% 14,614,276,117 2.36%
Chandpur 428 1.69% 712,511 1.74% 522,761 1.66% 31,932,816,136 2.12% 12,247,803,213 1.97%
Chattogram 1195 4.72% 2,006,864 4.91% 1,477,508 4.68% 70,421,674,991 4.68% 32,544,719,913 5.24%
Cox's Bazar 305 1.20% 562,821 1.38% 428,307 1.36% 17,588,153,261 1.17% 8,398,910,321 1.35%
Chattogram Feni 301 1.19% 421,754 1.03% 321,729 1.02% 20,852,057,311 1.39% 6,866,593,990 1.11%
Khagrachhari 72 0.28% 126,880 0.31% 99,499 0.32% 4,545,250,977 0.30% 2,134,807,400 0.34%
Lakshmipur 316 1.25% 458,400 1.12% 348,461 1.10% 20,391,056,775 1.36% 7,624,365,444 1.23%
Noakhali 519 2.05% 778,312 1.90% 593,301 1.88% 33,739,266,390 2.24% 11,643,160,045 1.88%
Rangamati 58 0.23% 91,219 0.22% 69,196 0.22% 2,763,623,161 0.18% 1,300,867,865 0.21%
Cumilla 1160 4.58% 1,737,801 4.25% 1,268,830 4.02% 90,187,125,367 6.00% 31,557,881,129 5.09%
Total 4896 19.32% 7,708,908 18.87% 5,760,058 18.25% 335,111,934,058 22.28% 129,798,210,388 20.92%
% of Total
No. of % of Total % of Total Total % of Total % of Total
Division District Total Clients Loan Outstanding Loan Out- Total Savings
Branches Branches Clients Borrowers Borrowers Savings
standing
Dhaka 1508 5.95% 2,090,523 5.12% 1,614,314 5.12% 102,846,110,078 6.84% 36,068,079,954 5.81%
Faridpur 452 1.78% 721,946 1.77% 527,813 1.67% 27,190,631,222 1.81% 12,574,282,090 2.03%
Gazipur 793 3.13% 1,135,745 2.78% 879,769 2.79% 53,140,658,411 3.53% 18,864,222,871 3.04%
Dhaka
Gopalganj 213 0.84% 333,950 0.82% 247,433 0.78% 11,985,855,989 0.80% 6,465,426,777 1.04%
Kishoreganj 420 1.66% 752,586 1.84% 572,576 1.81% 27,449,356,510 1.82% 11,574,508,127 1.87%
Madaripur 267 1.05% 429,940 1.05% 311,843 0.99% 20,689,021,086 1.38% 7,256,088,318 1.17%
Manikganj 355 1.40% 529,689 1.30% 366,192 1.16% 20,569,777,380 1.37% 12,910,488,221 2.08%
Munshiganj 332 1.31% 498,741 1.22% 364,510 1.16% 27,569,349,978 1.83% 9,884,132,915 1.59%
Narayanganj 564 2.23% 907,874 2.22% 725,557 2.30% 43,299,615,513 2.88% 14,136,873,740 2.28%
Narsingdi 433 1.71% 682,309 1.67% 530,549 1.68% 28,974,035,006 1.93% 10,707,542,770 1.73%
Rajbari 244 0.96% 405,842 0.99% 303,761 0.96% 13,226,729,569 0.88% 7,843,968,320 1.26%
Shariatpur 269 1.06% 421,890 1.03% 320,962 1.02% 20,427,526,888 1.36% 5,721,450,358 0.92%
Tangail 857 3.38% 1,326,526 3.25% 875,243 2.77% 40,636,081,511 2.70% 27,097,726,364 4.37%
Total 6707 26.47% 10,237,561 25.06% 7,640,522 24.21% 437,978,373,892 29.12% 181,104,790,827 29.18%
Bagerhat 292 1.15% 425,293 1.04% 315,110 1.00% 10,744,050,865 0.71% 4,879,160,197 0.79%
Chuadanga 349 1.38% 540,013 1.32% 448,617 1.42% 19,113,921,557 1.27% 5,877,160,457 0.95%
Jashore 619 2.44% 890,055 2.18% 711,250 2.25% 31,615,867,895 2.10% 12,147,653,178 1.96%
Jhenaidah 470 1.86% 706,182 1.73% 565,039 1.79% 25,333,005,789 1.68% 9,821,318,800 1.58%
Khulna 478 1.89% 731,021 1.79% 582,259 1.85% 20,784,808,501 1.38% 8,539,105,674 1.38%
Khulna
Kushtia 464 1.83% 792,753 1.94% 617,979 1.96% 25,721,208,696 1.71% 9,757,857,507 1.57%
Magura 198 0.78% 302,658 0.74% 235,078 0.74% 10,096,456,172 0.67% 5,321,140,419 0.86%
Meherpur 177 0.70% 249,205 0.61% 206,552 0.65% 9,811,809,870 0.65% 2,672,516,483 0.43%
Narail 121 0.48% 191,415 0.47% 148,077 0.47% 6,656,631,422 0.44% 3,252,843,842 0.52%
Satkhira 378 1.49% 618,149 1.51% 446,792 1.42% 15,397,314,295 1.02% 8,164,043,630 1.32%
Total 3546 14.00% 5,446,744 13.33% 4,276,753 13.55% 175,275,075,062 11.65% 70,432,800,187 11.35%
Mymensingh Jamalpur 221 0.87% 451,664 1.11% 341,586 1.08% 12,806,941,877 0.85% 7,950,869,778 1.28%
Mymensingh 557 2.20% 880,165 2.15% 718,919 2.28% 33,368,151,643 2.22% 13,059,465,041 2.10%
Netrakona 228 0.90% 445,731 1.09% 356,200 1.13% 12,990,765,661 0.86% 5,549,882,147 0.89%
Sherpur 116 0.46% 239,349 0.59% 196,804 0.62% 7,362,223,887 0.49% 2,926,012,674 0.47%
Total 1122 4.43% 2,016,909 4.94% 1,613,509 5.11% 66,528,083,068 4.42% 29,486,229,640 4.75%
Bogra 722 2.85% 1,255,634 3.07% 1,030,461 3.27% 43,237,060,250 2.87% 16,593,788,061 2.67%
Chapai Nabab- 371 1.46% 511,701 1.25% 371,609 1.18% 14,165,842,967 0.94% 5,254,397,530 0.85%
ganj
Joypurhat 235 0.93% 367,056 0.90% 300,364 0.95% 11,256,316,431 0.75% 4,489,224,488 0.72%
Rajshahi Naogaon 667 2.63% 1,012,757 2.48% 822,532 2.61% 32,807,490,346 2.18% 12,396,273,979 2.00%
Natore 402 1.59% 625,353 1.53% 480,554 1.52% 20,071,666,862 1.33% 9,502,512,948 1.53%
Pabna 632 2.49% 1,015,864 2.49% 788,195 2.50% 35,397,886,816 2.35% 14,619,956,376 2.36%
Rajshahi 688 2.72% 1,013,291 2.48% 792,436 2.51% 31,422,116,535 2.09% 12,161,127,644 1.96%
Sirajganj 489 1.93% 778,631 1.91% 599,251 1.90% 25,165,437,249 1.67% 11,391,010,076 1.84%
Total 4206 16.60% 6,580,287 16.10% 5,185,402 16.43% 213,523,817,456 14.20% 86,408,291,102 13.92%
Dinajpur 683 2.70% 1,154,183 2.82% 942,032 2.99% 33,346,617,665 2.22% 14,501,108,750 2.34%
Gaibandha 341 1.35% 643,580 1.58% 522,648 1.66% 20,900,968,277 1.39% 10,383,204,683 1.67%
Kurigram 258 1.02% 539,292 1.32% 420,298 1.33% 14,474,089,972 0.96% 6,671,821,981 1.08%
Lalmonirhat 173 0.68% 362,260 0.89% 297,231 0.94% 10,792,965,526 0.72% 4,220,963,600 0.68%
Rangpur
Nilphamari 302 1.19% 611,047 1.50% 495,050 1.57% 17,984,160,871 1.20% 6,741,922,283 1.09%
Panchagarh 179 0.71% 329,783 0.81% 277,821 0.88% 9,244,184,994 0.61% 3,661,292,013 0.59%
Rangpur 439 1.73% 878,531 2.15% 726,153 2.30% 25,479,817,549 1.69% 9,704,332,824 1.56%
Thakurgaon 193 0.76% 383,129 0.94% 318,182 1.01% 12,081,137,853 0.80% 5,821,940,723 0.94%
Total 2568 10.14% 4,901,805 12.00% 3,999,415 12.67% 144,303,942,706 9.59% 61,706,586,856 9.94%
Habiganj 237 0.94% 476,726 1.17% 353,464 1.12% 15,262,774,492 1.01% 6,469,426,202 1.04%
Maulvibazar 202 0.80% 419,535 1.03% 333,066 1.06% 11,570,108,404 0.77% 5,167,435,529 0.83%
Sylhet
Sunamganj 158 0.62% 346,694 0.85% 279,363 0.89% 10,808,670,772 0.72% 4,899,788,194 0.79%
Sylhet 228 0.90% 410,984 1.01% 344,529 1.09% 15,037,449,344 1.00% 5,637,403,875 0.91%
Total 825 3.26% 1,653,939 4.05% 1,310,422 4.15% 52,679,003,012 3.50% 22,174,053,801 3.57%
All Districts 25336 100% 40,859,310 100% 31,558,712 100% 1,504,217,724,163 100% 620,549,636,505 100%
Chapter 8
Operating Cost
Ratios of MFIs
Formulas
Cost of Savings Ratio = (Interest on Savings/ Avergae Loan Outstanding)*100
Cost of Borrowing Ratio = (Interest on Loan/ Avergae Loan Outstanding)*100
General & Admin Cost Ratio = {(General & Admin Cost)/Avergae Loan Outstanding}*100
LLPE Ratio = (LLPE/Avergae Loan Outstanding)*100
Avergae Loan Outstanding = ( Opening Loan Outstanding of a FY + Closing Loan Outstanding of a
FY)/2
Sojag
596 01294-02087-00011 3.27 4.94 8.21 9.66 1.63 19.50
SOLIDARITY
597 01402-00515-00246 0.00 2.61 2.61 0.95 0.00 3.56
Sonali Bhabishyat
600 00203-00656-00377 1.41 5.57 6.97 9.94 0.19 17.11
Srizony Foundation
607 00675-01941-00239 1.01 3.88 4.89 13.57 1.18 19.64
Surovi
614 02604-04329-00751 1.76 0.00 1.76 18.67 0.00 20.43
SWADESH SHEBA
616 21112-00467-00811 0.67 0.80 1.47 10.20 0.99 12.65
Tarana Trust
620 02370-00151-00653 2.70 1.56 4.25 13.07 2.18 19.51
Tarango
627 01152-01809-00523 2.51 1.52 4.03 12.87 1.74 18.64
Udayan Sangstha
631 01027-03176-00577 1.13 2.01 3.14 15.95 0.12 19.21
Uddyaog Foundation
632 01739-03593-00567 0.00 0.00 0.00 1.78 0.00 1.78
Unmesh
638 04072-03936-00744 4.35 1.81 6.16 10.96 0.02 17.15
UNNAYAN
639 01224-00043-00113 3.54 3.52 7.06 18.85 1.47 27.39
Unnayan Prochesta
640 01403-01118-00057 1.65 3.05 4.71 26.85 2.22 33.77
USA
644 02266-01415-00484 1.84 1.21 3.05 12.36 4.40 19.81
USHA BANGLADESH
645 01700-00203-00632 1.35 0.45 1.80 11.41 1.06 14.27
Uttaran
647 01366-02704-00277 4.00 6.11 10.11 6.67 0.08 16.86
VARSA
648 21112-00357-00853 1.31 4.23 5.54 7.73 1.39 14.66
Wave Foundation
658 04908-00607-00023 2.19 4.81 7.00 12.82 2.34 22.16
Chapter 9
Risk Measuring
Ratios of MFIs
Formulas
Borrowing to Loan Outstanding Ratio = (Total Borrowing/Loan Outstanding) *100
Total Operating Cost to Total Income Ratio = (Total Operating Cost/ Total Income)*100
Capital Fund to Loan Outstanding Ratio= (Capital Fund/ Loan Outstanding)*100
Portfolio Yield (PY) = (Total Interest Income/ Average Loan outstanding)*100
Return on Asset (ROA) = (Net Profit/Average Total Asset)*100
Operating Self Sufficiency (OSS) = {Financial Income / (Financial Expenses + Administrative
& Other Cost + Loan Loss Provision)}*100
Operating Margin = (Net Surplus/Service charge)*100
Adorsha Foundation
8 05324-04322-00703 58.21 100.95 7.89 26.24 -0.69 95.34 -3.02
Agragati
13 05774-00474-00189 57.60 48.08 27.73 23.31 3.46 101.03 17.79
Agrodut Foundation
17 00255-03691-00691 17.56 124.55 -11.39 12.05 -21.02 22.67 -193.43
AGROGAMI UNNAYAN
18 SANGASTHA(AGROGAMI) 13.68 41.85 13.19 19.63 4.44 95.43 23.92
07086-04175-00727
Ahead Social Organization (ASO)
19 01180-01615-00276 53.38 51.15 23.80 21.60 4.33 108.06 23.10
Alore Patha
31 04066-00937-00597 6.55 77.36 16.40 10.65 -1.04 34.91 -10.39
Ambala Foundation
33 00350-01308-00086 39.49 41.45 15.00 22.57 1.98 102.36 10.23
ARS Bangladesh
46 02814-03211-00405 58.23 39.80 25.64 21.72 5.54 113.13 30.52
Ashrai
49 00609-01019-00200 52.87 50.28 21.34 23.36 1.08 101.57 6.27
ASPADA-Poribesh Unnayan
51 Foundation 30.98 52.05 18.60 25.54 2.12 93.56 11.27
00178-00261-00199
Assistance for Social Organization and
52 Development -ASOD 122.45 52.91 29.28 3.83 1.37 22.79 67.17
01173-01986-00127
Assistance for the Livelihood of the Origins
53 (ALO) 263.47 44.99 49.33 2.91 1.09 81.87 64.82
00752-00253-00576
Association for Advancement &
54 Development 59.09 29.52 19.21 16.36 4.53 114.49 30.69
01672-00390-00102
ADAMS
55 02008-02954-00130 3.44 71.94 35.48 14.90 0.88 51.18 6.24
Bakergonj Forum
77 00983-00016-00682 15.75 89.89 50.36 17.28 0.13 20.49 1.23
Bandhan Sangstha
81 02535-00745-00410 2.84 37.44 63.72 26.38 13.48 174.38 52.84
BASCO Foundation
106 00829-02739-00330 30.80 57.80 15.03 16.61 2.24 91.30 14.87
Bhumij Foundation
116 03223-02173-00479 25.76 66.62 42.98 14.06 0.82 106.38 6.19
BIVA
118 00454-00263-00070 18.77 56.42 26.09 23.00 3.36 89.85 16.48
Bridge M.F.I
123 00280-00080-00019 88.60 93.83 2.01 4.07 0.03 24.36 0.94
BURO Bangladesh
125 00004-00394-00288 46.55 38.05 30.45 21.69 5.10 122.13 29.12
CARITAS Bangladesh
126 00032-00286-00184 11.98 55.68 38.75 21.95 2.60 84.17 12.73
CARSA Foundation
127 01834-00654-00010 39.10 55.38 18.00 20.85 2.95 95.66 16.01
COAST Foundation
148 00956-04041-00068 34.68 46.80 16.17 22.21 5.32 107.55 26.67
Come to Work-CTW
149 00512-00608-00217 34.25 48.79 29.46 21.12 4.85 89.34 26.08
DESH FOUNDATION
166 21112-00163-00804 70.77 90.32 18.32 19.11 0.79 71.00 4.68
DIGANTA FOUNDATION
181 21112-00126-00770 58.30 58.59 12.75 12.94 2.43 78.46 20.80
Dip Shetu
183 01598-02716-00350 61.98 82.16 26.08 15.46 1.43 105.03 11.01
Dipti Foundation
185 01537-03317-00631 52.03 112.84 34.15 9.81 2.94 77.84 31.56
Disa Bangladesh
187 00732-03883-00694 83.16 51.99 3.03 16.69 0.31 72.05 2.85
DRISHTIDAN
193 02854-01466-00027 67.54 53.06 14.68 20.77 3.54 82.51 20.00
Eco-Social Development
200 Organization (ESDO) 43.07 45.71 26.25 21.05 3.83 105.65 20.70
01059-03355-00203
ENDEAVOUR(Ensure Development
Activities for Vulnerable Under Privileged
201 51.40 61.10 11.94 19.84 2.12 84.81 12.50
Rural People )
01109-00117-00031
Gonoshasthaya Kendra
223 04833-04519-00650 76.57 63.39 -55.58 17.63 1.75 133.39 14.89
Grameen Alo
229 00455-00189-00511 0.00 73.11 77.46 19.55 0.27 79.71 1.69
Grameen Prosar
241 00593-01805-00140 13.60 47.46 38.02 18.70 6.83 93.61 39.27
Help Bangladesh
253 01185-04747-00706 0.00 42.55 55.01 17.35 3.73 114.45 30.46
JAKAS Foundation
280 01420-01221-00231 53.39 48.47 33.02 23.32 5.20 115.41 27.87
Janoseba
287 02487-00630-00310 55.93 50.29 25.93 24.16 4.23 144.51 21.05
JOYOTI SOCIETY
293 21112-00253-00784 73.54 90.57 4.19 19.06 -3.55 67.29 -22.01
Karmarjan
300 04487-01682-00132 0.00 63.39 34.82 21.16 0.63 87.64 3.29
LOCAL DEVELOPMENT
309 PROGRAM (L.D.P) 22.09 56.79 21.08 21.21 3.01 114.41 19.55
02073-00518-00721
Local Initiative for Empowerment (LIFE)
310 01481-01211-00238 20.69 56.74 44.92 19.53 0.70 73.21 4.58
LUSTRE
311 03701-02567-00072 50.11 61.50 26.51 16.09 1.38 85.80 9.13
Matreeseba Sangstha
312 02279-01355-00618 55.31 60.99 2.20 14.43 0.05 65.20 0.41
Mamata
314 00927-01082-00218 33.94 47.62 25.49 22.39 4.15 107.44 22.39
Mukti Cox’sbazar
333 00908-00278-00272 58.33 52.15 18.47 22.45 2.38 89.88 12.81
Mukti Foundation
334 05793-02095-00381 0.00 60.50 43.43 10.43 1.61 62.34 20.52
Muslim Aid-Bangladesh
337 02764-00738-00368 12.23 56.50 41.59 22.38 3.20 112.16 17.92
Nabolok Parishad
339 01045-00591-00158 54.98 54.70 16.57 19.93 1.91 90.90 10.67
Nari Maitree
344 00976-03082-00575 54.21 121.09 16.23 3.93 -1.93 20.72 -55.25
NEDA Society
352 01666-00838-00508 27.48 71.09 46.53 20.44 0.33 56.77 2.23
Nirman Sangathan
359 01489-03241-00535 44.93 70.14 16.54 16.83 0.80 86.27 5.37
Nishkriti
361 02867-00786-00378 17.48 74.61 29.36 22.43 2.47 84.78 12.53
Niskrity Foundation
362 02640-01133-00352 0.00 62.04 12.34 25.68 1.24 94.56 5.05
Nobo Jibon
366 01510-00598-00166 56.30 56.55 5.71 19.04 2.40 75.56 13.58
DIPSHIKHA Non-Formal
Education, Training and Research Society for
367 13.85 62.63 55.64 19.71 3.62 101.48 19.37
Village Development
00681-04542-00349
NOOR FOUNDATION BANGLADESH
368 21112-00404-00782 0.00 90.94 46.65 22.97 -3.46 57.42 -16.34
Normisjon Bangladesh
369 00314-02594-00407 3.67 43.85 59.63 22.01 7.41 134.77 37.83
Notun Shathi
372 04791-03146-00284 25.78 41.00 25.81 17.52 2.62 67.15 17.24
OASIS
374 21112-01189-00867 40.91 71.82 52.53 17.63 0.93 87.78 6.79
OCAB Society
375 01169-04138-00156 54.56 58.67 20.19 15.94 4.35 76.83 33.63
Participatory Development
410 Organization (PDO) 47.93 45.71 12.99 21.23 2.99 95.92 18.67
00810-00012-00453
PARVIN SAMAJ KALLAYAN SANGSTHA
411 21112-00679-00799 68.64 61.84 9.75 18.35 0.68 90.77 4.69
Patakuri Society
412 00649-00380-00261 55.90 54.71 11.67 21.31 3.34 109.87 19.12
Pathokoli Sangstha
413 01882-01666-00520 44.05 64.63 13.77 22.65 1.61 96.48 8.71
PDIM Foundation
422 00935-00094-00162 49.45 45.83 17.71 20.29 1.33 94.22 7.40
Pous Foundation
435 21112-00211-00785 36.97 59.15 59.55 24.08 2.37 103.40 12.10
Prodipan
441 00987-00690-00194 20.54 42.63 11.48 21.79 7.59 92.57 37.81
Progoti Kendro
442 00474-01835-00437 60.55 75.22 7.49 14.52 0.27 57.23 1.93
PROKAS (Proshikkan
Karmasangsthan O Artha-Samajic Unnayan
447 20.24 41.48 43.96 19.76 6.65 103.48 39.61
Sangstha)
03647-01306-00370
Proshika Manabik Unnayan Kendro
448 00152-03135-00600 7.44 48.65 0.58 20.87 2.55 106.60 14.03
Prottyashi
453 00940-00304-00145 11.94 49.63 36.89 24.86 9.10 129.52 40.81
RDRS Bangladesh
461 00143-00175-00192 46.29 42.52 23.18 21.09 2.77 98.16 15.42
Relation
462 00302-01029-00652 45.62 132.67 18.71 4.74 -1.76 35.29 -40.50
Rishi Foundation
468 21112-0295-00843 24.94 57.36 26.84 23.16 1.87 89.80 9.42
Rova Foundation
469 00858-00806-00138 63.42 56.75 19.86 20.91 2.26 89.20 12.70
Rupa
484 02366-00671-00695 38.94 82.34 29.06 10.54 0.54 70.88 5.78
SAGAR
492 05041-02232-00603 0.00 62.84 37.71 24.45 2.22 98.82 13.80
Samadhan
496 03073-00100-00006 49.35 54.78 16.74 21.73 2.73 96.46 13.95
Sangkalpa Trust
510 02117-01261-00409 84.53 146.24 16.42 15.04 -10.47 22.29 -136.73
Saviour (SAVIOUR)
517 00232-01067-00574 57.70 70.17 14.99 15.23 0.06 85.49 0.41
SEHED SOCIETY
525 21112-00468-00880 0.00 68.06 104.09 11.87 0.57 105.72 5.56
SETU
529 03033-03265-00049 57.02 39.95 23.45 25.13 2.53 104.34 12.57
Shaplaful
536 01188-00449-00196 68.57 135.59 -8.28 0.39 -0.14 71.34 -40.18
Shotophool Banlgladesh
537 01116-00072-00207 58.37 63.40 16.58 21.00 1.62 88.84 9.06
SHUSHILAN
547 00345-00075-00038 51.28 55.92 10.68 19.80 0.34 88.41 1.86
SKS Foundation
550 01621-00534-00045 53.09 46.99 11.24 21.92 2.35 106.06 12.99
Sabuj Bangla
551 05464-01825-00205 44.41 72.04 1.32 21.73 1.03 78.06 5.03
Sojag
596 01294-02087-00011 65.85 46.26 3.37 20.06 0.96 80.19 6.92
SOLIDARITY
597 01402-00515-00246 78.83 265.33 -61.26 0.35 -2.71 0.66 -916.24
Sonali Bhabishyat
600 00203-00656-00377 15.29 57.52 7.81 15.81 0.14 81.30 1.15
Srizony Foundation
607 00675-01941-00239 41.15 58.91 33.11 22.11 2.65 79.44 15.37
Surovi
614 02604-04329-00751 0.26 101.69 64.27 14.30 -1.90 52.80 -14.47
SWADESH SHEBA
616 21112-00467-00811 0.00 66.86 76.91 14.38 2.38 89.60 18.07
Tarana Trust
620 02370-00151-00653 32.79 50.59 13.12 25.09 5.83 111.99 25.25
Tarango
627 01152-01809-00523 29.54 60.91 14.91 20.68 2.24 85.46 12.02
Udayan Sangstha
631 01027-03176-00577 9.43 65.73 16.64 24.09 4.54 105.32 21.01
Uddyaog Foundation
632 01739-03593-00567 0.00 73.56 97.21 2.41 0.38 135.50 26.53
UNNAYAN
639 01224-00043-00113 61.22 61.03 14.91 22.78 3.09 75.53 15.38
Unnayan Prochesta
640 01403-01118-00057 80.02 73.07 13.21 21.91 2.29 60.38 13.55
USA
644 02266-01415-00484 33.07 57.27 28.50 21.06 1.55 97.35 8.43
USHA BANGLADESH
645 01700-00203-00632 0.00 72.32 27.12 14.31 1.21 60.11 10.55
VARSA
648 21112-00357-00853 45.05 43.82 40.12 17.61 2.70 120.09 16.92
Wave Foundation
658 04908-00607-00023 55.91 50.87 15.83 22.42 2.51 96.20 13.56
Zagoroni
665 00599-00018-00337 9.60 88.81 14.78 22.40 0.00 98.98 0.00
ZILLIK FOUNDATION
666 21112-00702-00818 0.00 92.95 83.44 15.38 0.41 75.63 3.01
Chapter 10
Fund Composition
of MFIs
Bangladesh Social Develop- 10001 Taka to 30,000 3,720 43,479,575 5001 to 10000 1,353 3,058,250
101 ment Academy (BSDA) 30001 Taka to 50,000 741 19,957,301 10001 to 20000 355 3,255,270
01994-00796-00114 50001 Taka to 1,00,000 269 11,729,317 20001 to above 192 3,044,759
1,00,001 Taka to 3,00,000 247 3,165,755
3,00,001 Taka and Above 24 911,040
Total 6,735 95,740,325 Total 8,165 22,094,546
Upto 5,000 38 108,964 0 to 2000 Taka 6,641 12,288,364
5,001 Taka to 10,000 341 1,925,665 2001 to 5000 4,814 30,588,696
10001 Taka to 30,000 3,648 47,638,433 5001 to 10000 6,153 56,990,104
Bangla-German Sampreet
30001 Taka to 50,000 5,680 140,265,921 10001 to 20000 1,915 36,875,156
102 (BGS)
50001 Taka to 1,00,000 3,386 140,995,103 20001 to above 673 136,450,254
02798-00553-00234
1,00,001 Taka to 3,00,000 737 75,274,660
3,00,001 Taka and Above 80 24,660,716
Total 13,910 430,869,462 Total 20,196 273,192,574
Upto 5,000 67 141,309 0 to 2000 Taka 4,036 2,731,230
5,001 Taka to 10,000 266 8,480,877 2001 to 5000 1,393 5,607,172
10001 Taka to 30,000 1,321 22,414,054 5001 to 10000 840 6,435,587
Banglar Mela Sangstha (BMS) 30001 Taka to 50,000 1,378 30,759,221 10001 to 20000 398 4,699,092
103
04153-01588-00354 50001 Taka to 1,00,000 717 32,551,793 20001 to above 105 8,989,896
1,00,001 Taka to 3,00,000 509 26,074,884
3,00,001 Taka and Above 480 32,058,610
Total 4,738 152,480,748 Total 6,772 28,462,977
Upto 5,000 - - 0 to 2000 Taka 1,480 4,474,000
5,001 Taka to 10,000 262 1,978,100 2001 to 5000 553 2,621,500
10001 Taka to 30,000 685 6,952,750 5001 to 10000 455 4,322,500
Bani (Samaj Unnayanmulok 30001 Taka to 50,000 350 4,206,223 10001 to 20000 465 7,253,500
104 Protisthan)
50001 Taka to 1,00,000 375 18,806,250 20001 to above 45 3,756,033
06030-04662-00488
1,00,001 Taka to 3,00,000 - -
3,00,001 Taka and Above - -
Total 1,672 31,943,323 Total 2,998 22,427,533
Chapter 12
Acronyms