The overall objective of this engagement is to design and implement a new Financial Inclusion Programme in Bangladesh (FIPB). The expected duration of the programme is 5 years and the investment is potentially in the region of £20 million, but the final figure will be confirmed once full design has been completed and established the optimum size of the programme. The proposed goal of this programme is to promote inclusive economic growth and to improve income and livelihood opportunities for poor men and women in Bangladesh. The purpose and expected outcome of the programme is to improve access to financial services for micro, small and medium enterprises (MSMEs) in Bangladesh. FIPB will ensure that MSMEs gain sustainable access to the financial services they need to improve their incomes and increase their future security. Access to finance is a challenge in Bangladesh. MSMEs have less access than larger businesses; with recent data suggesting 70-75% have to provide their capital from personal sources. Removing the constraint around financial access for MSMEs will act as a trigger for growth which is much needed to help Bangladesh move towards middle-income status.
Ref: PO 5863,
enquiry@dfid.gov.uk
Contract value: 0.01GBP
Published: 30 Nov 2012, Receipt by: 28 Feb 2013
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