The extremely poor people have traditionally been left out of microcredit services because of self-exclusion, social-exclusion or institutional exclusion. The basic reasons for this exclusion are vulnerable socio-economic conditions of the extremely poor and a lack of self-confidence, initiatives and support. In such a reality, PKSF launched its microcredit program for the extremely poor in 2004 to include those excuded from traditional financial services.  The program was renamed ‘Buniad’ in 2014.