TMSS loans now thru bKash
Thengamara Mohila Sabuj Sangha (TMSS) recently signed an agreement with bKash enabling its members to both receive microfinance loans and pay monthly instalments through the mobile financial service provider.
Currently, the non-government organisation (NGO) disburses loans and receives instalments through its 856 branches.
The bKash solution will make the process easier, bringing relief to members, said a press release.
"(It will) make our microfinance activities more dynamic," said Prof Hosne Ara Begum, founder executive director of the TMSS.
"This bKash service…is convenient and secured for both the borrower and lender. It is time-saving and cost-effective as well," said Kamal Quadir, chief executive officer of bKash.
While the arrangement was being prepared, bKash donated Tk 1 million to TMSS Medical College and Rafatullah Community Hospital to facilitate free medical services for severely infected Covid-19 patients.