Remittance is called the life blood of Bangladesh economy. In Bangladesh it contributes much in reducing poverty. In a … study of Institute of Microfinance led by Professor S.R. Osmani, we have seen that 4 % poverty of Bangladesh solely reduced … microcredit solely reduced 4% poverty in Bangladesh. In Bangladesh microcredit will be an important tool in earning remittance …

Microfinance has, by now, reached a total of over 60% of all poor households of Bangladesh, and 37% of all households …