Each month, SAJIDA foundation, an NGO in Bangladesh receives loan repayments from almost 10,000 clients across five of their branches using mobile money. These repayments record roughly 25,000 transactions totaling BDT 50 million (around USD 600,000).
To better understand multiple borrowing and its association with over indebtedness, MicroSave partnered with TSPI to study the phenomenon, which found strong evidence of multiple borrowing among urban-based women micro entrepreneurs.