Interest-free loans, child marriage prevention and poverty alleviation

Interest-free loans, child marriage prevention and poverty alleviation

Having lost their sources of income, these underprivileged families have resorted to relieving themselves of one particular burden. This burden is the financials required to educate and raise a girl child and the dowry expected with a late marriage.

Due to this, these unfortunate young girls are being robbed of their childhood, education, and health.

Amal Foundation, a local NGO, partnered with IPDC, one of the country’s most recognized financial institutions, to tackle the issue at hand. The NGO focuses on poverty alleviation amongst other alarming problems in remote locations.

Both partners collaborated to develop a unique project to prevent child marriage: the IPDC Child Marriage Prevention Loan, powered by Amal Foundation, launched as a pilot project in the Bogra District in March 2022.

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