The Microcredit Regulatory Authority (MRA) rules state that organisations have to have a minimum of 50 lakh taka to keep the projects open. As NS does not have such large amounts of money, all three Revolving Loan Programmes (RLP) have had to close, with a loss of 9 lakh taka still out on loan.
All the employees of Nijera Shikhi have been laid off due to the closing of the three revolving Loan programmes in Jessore and Satkhira, the toll of Coronavirus, and the closing of the office in Dhaka.
All the employees of Nijera Shikhi have been laid off due to the closing of the three revolving Loan programmes in Jessore and Satkhira, the toll of Coronavirus, and the closing of the office in Dhaka.