PKSF launches fund to promote innovations in microfinance
Palli Karma-Sahayak Foundation (PKSF) has launched a special fund titled 'Learning and Innovation Fund to Test New Ideas (LIFT)' to trigger innovations in the microfinance sector, says a press release.The objective of the fund is to make microcredit programme more dynamic, productive, and more poor-friendly. In order to implement an Innovative Poultry Expansion Project at a cost of Tk 50 lakh, under LIFT Project of PKSF, an agreement was signed between PKSF and TMSS on Tuesday in Dhaka. In the agreement signing ceremony, Mosharraf Hossain Khan, acting managing director of PKSF, handed over a cheque for Tk 25 lakh to Hosne Ara Begum, executive director of Thangamara Mohila Sabuj Sangha (TMSS), a partner organisation of PKSF, a 'not for profit' apex microfinance organisation, to implement the Innovative Poultry Expansion Project. Senior officials of PKSF and TMSS attended the agreement signing ceremony.
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