Shakti Foundation distributed around 5 lakh masks for free of cost through its 445 centers across the country on Saturday.

The Citi Foundation, the philanthropic arm of Citigroup, yesterday launched the 15th Citi Microentrepreneurship Awards (CMA) to encourage micro, small and medium entrepreneurship in the country. 

This year the CMA programme is being organised jointly by the Citi Foundation and the Shakti Foundation, while the strategic partner of the event is the Credit and Development Forum.

The awards, which were initiated in 2005, will be given in six categories, the organisers announced at a press conference in the capital’s Six Seasons Hotel. The deadline for submission of the applications is January 25 next year. The award ceremony is expected to be held next year.

Humaira Islam, executive director of Shakti Foundation, and N Rajashekaran, managing director and country officer of Citi Bangladesh, also spoke at the event. Channel i and The Daily Star were the event’s media partners.

bKash Limited, the largest mobile financial service provider in the country, has signed an agreement with Shakti Foundation recently for Disadvantaged Women, a leading NGO, to facilitate loan disbursement and repayment for its members through bKash.

On 25th April, 2018 Wednesday morning from 10.00 am to 6.30 pm Palli Karma Sahayak Foundation (PKSF) and Shakti Foundation for Disadvantaged Women jointly organized a colorful program in Comilla District, Titas upazila, Majadpur union of Lalpur village market premises.

Shakti Foundation was distributed relief to the victims of fire incident in Mirpur slum.

On March 22, 2018, A rally organized by MRA, PKSF and SDF on the occasion of the special service week, a total of 50 activists from Shakti Foundation to gather the rally at the Bangabandhu National Stadium, gathering in a colorful procession at 3.30 pm at the Shishu Academy and Doyle Chattar in Dhaka

Bank Asia Limited and Shakti Foundation for Disadvantaged Women signed an agreement aiming to promote digital financial inclusion among Shakti’s beneficiaries. Mr. Md Arfan Ali, President & Managing Director of Bank Asia, the pioneering Agent Banking provider in Bangladesh, and Ms. Humaira Islam PhD, Founder & Executive Director of Shakti Foundation, a prominent micro finance institution and the pioneer in urban micro finance, have inked the agreement on behalf of respective sides at a simple ceremony held on Thursday January 18, 2018 at the Head Office of Shakti Foundation in Dhaka. Senior officials of both the organizations were present. This partnership agreement has been facilitated by the MetLife Foundation and MicroSave on behalf of Shakti Foundation for digitization of various micro-credit transactions like loan disbursement, repayment and savings deposit of Shakti Foundation beneficiaries through the agent banking of Bank Asia. Under this agreement the nationwide Shakti branch network will also act as the agent network for Bank Asia.

During the signing of the agreement between Microsoft Bangladesh and Shakti Foundation, the founder executive director of Shakti Foundation was present to work together for the development of underprivileged women. Humayra Islam, Project Advisor of Shakti Foundation Imran Ahmed, President of Southeast Asia Newmarkets Michel Symons and Managing Director of Microsoft Bangladesh Bashir Kabir.