Fishermen look for juicy catches after the fishing ban ended in the Kaptai Lake on July 31, 2020 Dhaka TribuneThe loan will help the stakeholders to run their business smoothly while the financial literacy will help them to increase the efficiency of the businessThe City Bank Ltd and WorldFish have signed an agreement to promote financial literacy and access to finance through different loan products for local aquaculture stakeholders. The loan will help the stakeholders to run their business smoothly while the financial literacy will help them to increase the efficiency of the business, said a press release. This project will be implemented in Jessore, Khulna, Barisal, Kushtia and Faridpur districts of the country. Financial literacy and access to finance are two of the main challenges hindering overall sectoral growth of the aquaculture sector in Bangladesh. To minimize this challenge SME-Small & Microfinance Business of City Bank and the USAID-funded :Feed the Future Bangladesh Aquaculture & Nutrition Activity", implemented by WorldFish, signed the agreement.

Source: Dhaka Tribune October 12, 2020 11:37 UTC