Unlike many areas of mainland Bangladesh, where microfinance institutions (MFIs) offering services to the poor are ubiquitous, credit options for char dwellers are limited. Microfinance (MF) needs on the chars remain largely unmet as the mainstream supply of MF services is not suitable for households on the remote island chars, who usually lack a regular and reliable income source.
This report set out to evaluate the three CLP supported chars specific credit products that were piloted in 2008/2009 under CLP-1. These loan products were funded by Palli Karma-Sahayak Foundation (PKSF) and implemented by three of the implementing organisations (IMOs) working with the Chars Livelihoods Programme. A study conducted at the end of 2011 assessed the effectiveness of the initiatives and outlines the lessons learnt from these pilots and recommendations for improvement.
Harun-Or-Rashid; McIvor, N. An Evaluation of the Microfinance Loan Products Piloted Under CLP-1. (2012) 25 pp.