Shakti Foundation
শক্তি ফাউন্ডেশন | |
| Formation | 1992 |
|---|---|
| Founder | Humaira Islam[1] |
| Headquarters | House 04, Road 1 (Main Road), Block A, Section 11, Mirpur, Pallabi, Dhaka - 1216, Bangladesh |
Chairperson | Mahbooba Akhter Mahmood |
Treasurer | Nilufar Banu |
| Website | www |
Shakti Foundation or Shakti Foundation for Disadvantaged Women is a Bangladeshi non-governmental organization focused on women's empowerment through microfinance, healthcare, and social development.[2][3] It was founded in 1992.[4]
History
Shakti Foundation for Disadvantaged Women was founded in 1992 by Humaira Islam in Dhaka, Bangladesh, with the goal of empowering low-income women through microfinance.[5][6][7] Initially focused on urban areas, the organisation expanded nationwide in the late 1990s, adding programs in healthcare, SME development, education, and climate resilience.[8] In 2007, Shakti was formally accredited by the Microcredit Regulatory Authority and registered with the NGO Affairs Bureau, allowing it to scale operations across the country.[9] Over time, it embraced digital tools and expanded services to rural areas, establishing mobile health clinics and community-based development programs.[10]
In 2005, the organisation was lending to 15,000 women.[11] Its total loans came to over ৳87 million, or two million US dollars, and it had received almost 100% back.[11] The average loan was ৳4,000, or 100 US dollars.[11] Its principles are based on those of the Grameen Bank.[12] It requires its clients to make savings.[12] The foundation uses artificial intelligence to identify and avoid fraud, such as borrowers who have misrepresented their circumstances.[13]
Awards
- ICAB National Awards.[14]
References
- ↑ "Executive Director". shakti.org.bd. Retrieved 1 August 2025.
- ↑ Report, Star Online (17 February 2017). "Microsoft, Shakti Foundation join hands to help female entrepreneurs". The Daily Star. Retrieved 31 July 2025.
- ↑ "Shakti Foundation gets Microsoft YouthSpark grant". Dhaka Tribune. Retrieved 31 July 2025.
- ↑ "Vision, Mission & Values | SHAKTI". www.shakti.org.bd. Retrieved 31 July 2025.
- ↑ "Humaira Islam: Supporting Women as Entrepreneurs, Leaders and Change Makers". Women's World Banking. 2015-10-24. Retrieved 2025-08-01.
- ↑ "Shakti Foundation for Disadvantaged Women". avpn.asia. Retrieved 1 August 2025.
- ↑ "Shakti changes lifestyle of housewives by creating more than 5 lakh entrepreneurs". Dhaka Tribune. Retrieved 31 July 2025.
- ↑ "Shakti Foundation for Disadvantaged Women | DevelopmentAid". DevelopmentAid. Retrieved 31 July 2025.
- ↑ ariya (25 November 2019). "Shakti Foundation for Disadvantaged Women". APRACA. Retrieved 31 July 2025.
- ↑ "Shakti Foundation for Disadvantaged Women". MAWbiz. Retrieved 31 July 2025.
- ↑ 11.0 11.1 11.2 Promoting Local Economic Development Through Strategic Planning: Action guide. UN-HABITAT. 2005. p. 148. ISBN 978-92-1-131725-1. Retrieved 2 August 2025. Search this book on
- ↑ 12.0 12.1 Hossain, Iftekhar; Sakhawat, Javed; Quiñones, Ben; Rutherford, Stuart (2000). "Bangladesh: The Pioneering Country". In Quiñones, Ben; Remenyi, Joe. Microfinance and Poverty Alleviation: Case Studies from Asia and the Pacific. Routledge. pp. 69–71. ISBN 978-1-317-76259-1. Retrieved 2 August 2025. Search this book on
- ↑ Mondol, Shila; Satpathy, Ipseeta; Patnaik, BCM; Nayak, Arpita; Patnaik, Atmika; Khang, Alex (24 July 2024). "Impact of AI and Data in Revolutionizing Microfinance in Developing Countries: Improving Outreach and Efficiency". In Khang, Alex; Gujrati, Rashmi; Uygun, Hayri; Tailor, R. K.; Gaur, Sanjaya. Data-Driven Modelling and Predictive Analytics in Business and Finance: Concepts, Designs, Technologies, and Applications. CRC Press. p. 74. ISBN 978-1-04-008846-3. Retrieved 2 August 2025. Search this book on
- ↑ "Shakti Foundation's hat-trick win at ICAB National Awards". Dhaka Tribune. Retrieved 31 July 2025.
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