|Title:||Bangladesh - Microfinance and Technical Support Project - December 2008|
Participant at a women's group meeting in Ghatgatia, Bangladesh.
A meeting is arranged to discuss small loans from group savings. Loans are disbursed by the group leader.
The Microfinance and Technical Support Project operates on the understanding that the vulnerability of rural communities is based on the dependence on moneylenders, seasonality of income, and emergencies caused by illness and climate fluctuations. The project endeavors to improve upon their access to essential services and focuses on the promotion of high-value products by establishing market chains that do not require large landholdings. Community-led development is also encouraged, particularly among women's groups.
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