BURO Bangladesh - Ukhia Branch

About Us

nnnnBURO Bangladesh is a national level ‘not-for-profit’ non-government development organization set up in 1990 with a view to work for the poor on a sustainable basis to reduce poverty. It is a specialized micro-finance institution that provides high quality flexible financial services to low-income people, particularly the women, who are regarded as its prime customers. To meet their ever-growing financial needs, BURO has launched six loan products, a specialized product SME...

nnnnBURO Bangladesh is a national level ‘not-for-profit’ non-government development organization set up in 1990 with a view to work for the poor on a sustainable basis to reduce poverty. It is a specialized micro-finance institution that provides high quality flexible financial services to low-income people, particularly the women, who are regarded as its prime customers. To meet their ever-growing financial needs, BURO has launched six loan products, a specialized product SME clients,  two savings products and one insurance scheme.nIt has a nationwide Remittance program which aimed at channeling foreign earnings of Bangladeshi expatriates who have been working abroad and sending their earnings to their relatives at home.nIt introduces agriculture loan to small and marginal farmers and stepped up loans to the entrepreneurial clients called enterprise loan. The organization also has a wide range of hardcore poor development program and a disaster mitigation program for the affected and vulnerable group of people. BURO has been achieving milestones of success and eventually attained financial sustainability.n nVision and Mission statementnVisionnA happy, prosperous and pluralistic democratic society that meets the basic needs of the people in Bangladesh.nMissionnAn independent, sustainable, cost-effective microfinance institution that provides diverse, appropriate and market responsive, quality financial and business development services at competitive prices along with other social development programs to very poor, poor and vulnerable non-poor customers.nStrategic PrioritiesnnPromote product diversification.nPursue use of commercial capital.nFacilitate foreign remittance flow to the rural and urban areas.nFacilitate the nation-state and market to create favorable investment climate for the microfinance clientsnSupport emerging market segments like hardcore poor; small & micro enterprises; and small & marginal farmers.nAdapt strategies with the emerging demands in the demand side for vibrant supply chain of BUROnnMarket PositioningnnIdentify the major attributes that the customers value most in the financial products.nReview different attributes in terms of product quality, prices, availability & service delivery.nContinuously assess BURO Bangladesh and its competitors’ offer for positioning in the market.nImprove the vivacity in BURO comparative advantage as constant phenomenon within the nation-state.nDevelop linkage with NGO-MFIs across the boundaries of the nation-state for future effective collaboration within the greater realm of microfinance industry.nnFuture DirectionnnMore Expansion of Micro Finance Program.nReaching increasingly to the Hardcore poor.nGoing Extensive Automation.nStrengthening support to Micro-Enterprise(ME) and Agriculture sector.nnnnnnnnn nnn