MFIs fights against pandemic to survive
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Dhaka, Sept. 25 -- Country's most of the Micro-Finance Institutions (MFIs) and their clients had to fight for coping with the mechanism adopted for them to overcome the situation during the Covid-19 pandemic.
According to the findings of a study conducted by INAFI Bangladesh, a global network of development practitioners, due to the COVID-19 pandemic, around 83.9 percent respondents faced reduced income or loss in business due to the pandemic while 40pc had to face loss of work or job, 22pc were unable to pay loan installments on time and 21.3pc adversely affected by price hike of daily essentials.
In a seminar held on Saturday at BRAC Centre Inn in Dhaka, the study report was disseminated and the findings of the report were shared with...
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