A pioneer NGO in urban micro finance in Bangladesh, Shakti Foundation for Disadvantaged Women was founded in 1992 by Humaira Islam, Ph.D. and a group of men and women committed in poverty alleviation and bring qualitative change in the life of women living far below the poverty line. Shakti Foundation provides access to credit and savings facilities for women living in the slums of Dhaka, Chittagong , Narayangonj, Gazipur, Comilla, Rajshahi. Khulna , Bogura, Munshiganj, Natore, Jessore, Barisal , Pabna, Nilfamari, Feni, Jamalpur. Cox's Bazar and other major cities of Bangladesh .
Shakti Foundation also provides the cheapest interest rate among any other non-government organization. Shakti acts as the helping hand for the poor women residing in the slum areas, therefore they cannot take loans if the interest rate is high. Keeping in mind their condition, the rate of interest was decided.
Mission:
'Social and economic empowerment of poor women’ by creating strong economic and social resource bases.'
