Recent Press about OPTIX
This initiative will allow SAJIDA to disburse loans directly into the bKash accounts of SAJIDA clients. In addition, members of the NGO, from across 16 districts, can also make loan repayments and deposit savings with SAJIDA Foundation through their bKash accounts. The combination of mature, dynamic microfinance institutions and availability of affordable and accessible digital financial services makes Bangladesh a fitting testing ground for digitized microfinance.
SAJIDA Foundation Partners with bKash to increase access to financial services for women using digital technology
DHAKA, BANGLADESH, June 23, 2016: SAJIDA Foundation, a non-governmental organization (NGO) providing microfinance services to poor and low income people in Bangladesh, and bKash Limited, a leading Mobile Financial Service (MFS) provider in the world, launched a new MFS-based microfinance initiative.
Real-world examples of innovative microfinance institutions using strategic partnerships to serve the low-income population are numerous. MetLife Foundation has contributed in numerous ways, including a new program to help developing income microfinance institutions to generate enough income to stay in business.