Remittance program is aimed at channeling foreign earnings of Bangladeshi expatriates who have been working abroad and sending their earnings to their relatives at home.

BURO Bangladesh has developed partnership relations with Bank Asia Limited, Prime Bank Limited, AB Bank Limited, United Commercial Bank Limited, Mercantile Bank Limited, Citibank N.A and Social Islami Bank Limited. in a view to deliver the remittances to its recipients.

BURO Bangladesh has been selected by DFID and Bangladesh Bank to act as a channel to transfer fund to the recipients from the foreign remitters. The title of the project is “Capacity Building to Enable BURO to provide Remittance Services to Commercial Banks”. The goal of the project is to establish BURO, in collaboration with the community, with a strong positive image among the most productive and efficient bridges between the commercial banks and community in remittance industry. The objective of the project is to enable BURO to deliver remittance delivery and remittance related services to commercial banks. The organization has already set up terminal facilities in 325 remote branches in order to channel remittances. The terminal facilities have Electronic Funds Transfer Point-of-Sale and a computer package with internet connectivity. BURO recently completed a IFAD funded project to expand the remittance services to extreme rural areas.

BURO offered a number of renowned and popular remittance products, these mainly are:

1. Western Union

2. Ria

3. IME

4. Merchantrade

5. Xpress Money

6. Placid

7. Prime Exchange

8. AFX Fastremit

9. MoneyGram

10. CBL -Malaysia

11. Al Jadeed

12. Asia Express Exchange

13. Turbo Cash

14. Cash Express

Environmental health concerns continue to be an ominous factor contributing to diseases and poverty. Access to safe drinking water which is also free from arsenic contamination and to hygienic sanitation will reduce sickness and thus increase the labor productivity. The tube-well loan facilitates access to safe water for drinking and other purposes. The sanitary loan is offered to customers seeking to install sanitary latrines in their homesteads. Both the sanitary and tube-well loans range from BDT 3,000 – BDT 10,000 repayable within a year.

In extreme emergencies, such as cyclone and floods, BURO Bangladesh provides disaster relief with support from leading donor agencies. However, instead of offering large-scale or long-term charitable activities, the organization places emphasis on the promotion of self-help and self-reliance of disaster-affected rural communities, encouraging and helping households to stand on their own feet. The disaster loan ranges from BDT 3,000 – BDT 5,000 with low interest rate to be repaid by one year.

The disaster loan is intended to reduce the effect of shocks to the households’ financial and physical assets immediately after natural disasters. The disaster loans meet affected households’ immediate needs for cash and thus to respond to their situation.

The loan is intended to serve as a “social security net” and was designed implemented after the Customer Consultative Group Discussions and Client Satisfaction Surveys conducted by BURO Bangladesh. The hand loan is designed to protect customers from shocks to their household economies and the erosion of their financial, physical and social assets. Hand loans are used to finance important festivals (Eid, Puja, Christmas, marriages, etc.), health care and child education. The hand loan is a small loan of BDT 3,000, repayable within 3 months.

The loan is exclusively for agricultural activities and is designed to increase the farm activities enhancing the livelihood of the poor rural and peri-urban households. The agricultural loan also enhances food security of the households. The loans are disbursed to landless and marginal farmers in organized groups.

Agricultural loans of BDT 10,000 – BDT 50,000 are given for one year, depending on the activity, land-holding etc., repayable in 46 installments.

BURO Bangladesh has developed its micro-enterprise loan for the 15-20% of entrepreneurs capable of graduating from groups, as well as entrepreneurs in the community. Micro-enterprise loans are individual loans that are assessed on the basis of household cash flow, business projections and the reputation of the borrower amongst her/his business peers/in the community. The size of the loan depends on the size of the businesses and the comparative advantages that the entrepreneurs have. With the Micro-enterprise loan borrowers are expected both to provide equity and generate wage labor employment (other than family labor).

Micro-enterprise loans range between BDT 50,000-BDT 300,000, repayable within one-three years in 46-138 installments.

The loan is intended to allow rural and urban poor households to finance their economic activities and build a strong capital base. General Loans are working capital loans given to poor and disadvantaged households. General Loans range from BDT 5,000 to BDT 45,000, depending on the economic activity, the borrower’s management capacity, and demand for the product and/or services in the market. The loans are repayable within a year in 46 installments.