PKSF completed the implementation of ‘Microenterprise Development Project (MDP)’ with USD 50 million loan and USD 0.50 million technical assistance from Asian Development Bank (ADB) to support various microenterprises (MEs) with the objective of inclusive economic development and reduction of rural poverty. Launched on 01 January 2019, the MDP was completed on 31 March 2021 through 77 Partner Organizations (POs). On its closure, financial assistance of BDT 996 crore has been provided to 68,562 micro entrepreneurs of whom 83% are female. The microenterprises, with support from the project, created employment for 1.81 lac people of whom 40% are female. Environmental and social safeguard measures had been fully ensured for each of the microenterprises.

To upscale different business cluster-based microenterprises, MDP integrated financial services with the non-financial services of other similar projects of PKSF. Various technologies were incorporated to increase efficiency and productivity. Micro entrepreneurs have been involved with Mobile Financial Services (MFS) to make business transactions and financing activities easier. 27,998 micro entrepreneurs were enrolled in MFS and 11,146 of them were trained on MFS. MFS enables micro entrepreneurs to pay loan installments from home and abroad. MDP provided assistance to the micro entrepreneurs in three different business clusters for product quality improvement, packaging, branding etc. Furthermore, the products of the business clusters were linked with the e-commerce platforms to sell them in the wider market. In this context, entrepreneurs have been trained on e-commerce operation.