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News & Stories | Stories | 12 Jan, 2023

Shakti Foundation become bKash’s principal agent

Shakti Foundation and bKash Limited have joined hands to bring forth a new era in Bangladesh’s digital financial landscape. Shakti Foundation is honored to become bKash’s principal agent through which Shakti microfinance officers can now provide doorstep financial services to over 400,000 low-income women in 55 districts nationwide. Alongside availing cashless and costless loan disbursement, installment repayment, and savings deposit through their digital wallets, Shakti clients can now access other financial services such as bill payment, mobile recharge, education fees, merchant payments, salary disbursement, safety-net stipends and remittance from the comfort and security of their own homes. This is a pioneering step in bridging the gender divide in digital financial inclusion. Shakti continues its transformative journey of high-touch, high-trust, and high-tech services for disadvantaged women through this partnership.