Microcredit program is one of the most fruitful activities to improve the livelihood of the venerable, landless, hard-poor women and their family and also reduce the beggar mentality. The beneficiaries living condition is below in the society. They have no capital to involve with any other development activities. The organization believes that microcredit support is most essential for socio economic development and the improvement of living conditions of the intended populations. BASCO Foundation has developed the skill of the women through providing IGA training and shuns the knowledge. Then BASCO Foundation is giving them (especially women) technical and financial assistance (loan). They use this loan in several businesses, agriculture and other financial sector with their family members. As a result they are earning money and becoming financial solvent gradually. They repay their loan in due time. Most of the beneficiaries of BASCO Foundation are now becoming solvent. They are sending their children at school and their living condition are gradually upgraded.
- Donor : Organization own fund. Bank-NGO Linkage loan, Sonali Bank, PLC.
- Duration : Ongoing Project.