Dhaka, June 13 -- BRAC Bank's digital financing programme, Shafollo, is expanding access to finance for underserved communities by offering the fastest, collateral-free loans with minimal documentation. Designed to address the long-standing credit exclusion faced by farmers, workers, small traders, and rural entrepreneurs, Shafollo removes traditional barriers through a fully digital process. A digitally processed loan, disbursed within 10 minutes, with minimal documentation-what once felt out of reach for marginal communities is now a nationwide reality, says a press release.Piloted in Sherpur and now active in over 15 regions including Rangpur, Rajshahi, Mymensingh, Jamalpur, Satkhira, and Char areas, Shafollo enables individuals in rem...
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