Support for Rural Advancement Society (SUPPORT) is a licensed microfinance institution operating in Bangladesh. The organization was established back in 1994 with an aim to contribute to the country’s overall socioeconomic progress. Since its establishment, the organization has been relentlessly providing assistance to the poor, under-served, rural and urban populace to strive for a healthier, happier life by addressing a host of social issues that have prevented such communities to prosper.
Microfinance is a core program of SUPPORT. However, SUPPORT’s other programs and initiatives focus on expanding financial inclusion, financial literacy, business development services, advocacy services on human rights, health and social awareness, value chain development programs, capacity building, socioeconomic and environmentally responsible initiatives like afforestation, disaster management and relief distribution services.
Leveraging innovative “i-SME” platform enabled by partner company Bangladesh SME Corporation Limited and “Microfin360” software powered by DataSoft Systems Bangladesh Limited, SUPPORT aims to reach the untapped, grassroots level Micro-Small-and Medium Enterprises (MSMEs) and augment their financial preparedness requisite for accessing mainstream funding from Banks, NBFIs, FIs and other traditional financing sources. As of mid-2018, SUPPORT has 19 active branches in 17 Districts of Bangladesh and more branches are in the pipeline with an aim to have deeper nationwide coverage by 2021.