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Islami Bank Bangladesh Limited is a global pioneer and world’s largest operator of Islamic microfinance. RDS microfinance byThe Bank has been transforming million of rural poors to successful entrepreneurs since its establishment in 1995. currently enrolling 1.52 million members across 30 thousand villages of Bangladesh under financial inclusion. The scheme operates with an integrated development approach with typical collateral free micro investment and compulsory savings supported by entrepreneur development activities plus ward stipends, sanitation aid, medical camps, profit-free loans, rehabilitations and plantations. The graduated clients successfully utilizing the micro investment slabs can avail larger investments under micro enterprise scheme. A 98% plus rate of recovery in the project demonstrates remarkable impact in poverty alleviation. Another salient feature being 92% majority of the beneficiaries are women which gears up the women empowerment practice in the rural settings. The successful project by the bank has been replicated for the urban poors since 2012.
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