THE 6 GOLDEN RULES OF DHAKA PROJECT MICROFINANCE

1. Lending to individuals via a self-forming group of 6 - not related

2. Preference given to groups with business start-ups

3. 1,000-10,000Tk loans, 12-18 month duration; 12% annual interest

4. Payments are made weekly by each individual

5. 2^nd, 3^rd, etc... loans given after 1^st, 2^nd, etc… month’s successful repayment

6. If payment is not received, further payments to the group are suspended