ASEAB- Association for Socio-Economic Advancement of Bangladesh

Programs Details

ISLAMIC MICRO-FINANCE

This theme is part of creating sustainable livelihood opportunities for the beneficiaries. Lack of financial resources is a crucial reason poor people cannot undertake enterprises to improve their economic conditions. ASEAB, under this theme, offers financial assistance to the beneficiaries. One of the major activities under this theme is offering Islamic microfinance facilities. As Bangladesh is a predominantly Muslim country, many people prefer not to receive interest-based financial assistance. ASEAB’s Islamic microfinance is a culturally appropriate intervention that can benefit everyone regardless of belief. Microinvestment helps build entrepreneurship, leading to accelerated graduation from poverty. Since skills can create employment opportunities, enhancing skills is another intervention that ASEAB offers its beneficiaries.

ASEAB- Association for Socio-Economic Advancement of Bangladesh