Group Project Presentation

Members of the Group

 M Ashfaqul Huque ID# 041-364-030

 Rakib Hassan ID# 042-209-030
 Mujahid Hossain ID# 061-693-530
 M. Adel ibne Reza ID# 062-206-030
 Overview of Micro Credit

 Microcredit is a small loan usually given to poor people to

enable them to become self-employed.

From the roots of microcredit one can build

microenterprises-
1. Very small businesses run on minimal capital.
2. Usually singly run or with a few employees.
3. Which can generate assets for people.

 The tangible benefits from microenterprises are in terms of

employment and wealth generation and the intangible
benefit is an improved quality of life.
 Micro Credit in Bangladesh

 In Bangladesh, Micro-credit is an already proven

successful method of fighting poverty.

Institutions which have microcredit operations in Bangladesh are:

Grameen Bank
ASA
Proshika
Jagorani Chakra Foundation
Bangladesh Rural Advancement Committee (BRAC)
Shakti Foundation for Disadvantaged Women
Integrated Development Foundation
BURO, formerly BURO Tangail
Rangpur Dinajpur Rural Service
Microcredit Operation Policy

 The goal is to reduce poverty.

 Bring down the rate of population.
 Increase exports and domestic savings.
 Attain self-sufficiency in food production.
 Recognize a yearly increase of the gross
domestic product.
 It helps agricultural communities of Bangladesh
to be financially and educationally stable with
the support of government policy.
 Sectors funded by Micro
Credit institutions
 Running small enterprises
 Food processing & Drying
 Agriculture – supporting agribusiness related
activities
 Poultry
 Fisheries
 Metal work
 Textiles & Dyeing operations
Impacts of Microcredit on
Environment

Positive Impacts -

Employment and Income

Increase of Capital
Rural development
Use of Biogas
 Impacts of Microcredit on
Environment(cont)

Renewable energy source-

 Natural solar heat is used as regular source of
energy in Bangladesh
 In rural areas solar energy is being used to produce
electricity, which actually reduces the use of natural
resources.
 In Bangladesh, ‘Grameen Shakti’ is providing green
energy equipment such as solar panels.
 Solar Power

Solar power uses Sun’s

energy to produce
electricity. Solar energy is
harnessed using solar cells
made of panels of
semiconductor material
which generate electricity
when illuminated by
sunlight.
 Adverse impacts

 Improper waste disposal

 Unbalanced use of resources
 Pollution of water
 Excessive solid waste
 Analysis

Bangladesh is filled with extreme level of poverty

and high density of population.

The issuing of micro-credit loans to aid all of these

financial responsibilities will eventually eliminate
the disturbing stories of poverty and hardship that
are commonplace in the lives of Bangladeshi
citizens.
 Recommendations

• Educate people to build their own small businesses by

using microcredit facilities.
• Encourage them to take micro-loans, so that they can use
the money to contribute to the economy.
• Provide microloans whenever an area is affect by any
kind of natural disaster, so that farmers or other producers
can continue their previous works with ease.
• Microcredit institutions should provide guidelines to their
customers to take care of the environment while doing
businesses.
Question
? ? ?
Thank You All