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Salaried and Unbanked: a New Frontier for Microfinance


Microfinance institutions are working on financial inclusion: ensuring that the “unbanked” can access the full range of savings, credit, and insurance products that they need.  Traditionally their focus has been rural households, usually women, who run small businesses at home. But as Bangladesh’s economic picture shifts towards salaried employment from agriculture and informal labor, there are growing pockets of salaried workers who are “under banked” and can benefit from microfinance.

For more on this story visit the following link: Salaried and Unbanked: a New Frontier for Microfinance 

Source: BRAC

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