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The government confirmed that the tax exempt status for micro-credit organizations will remain in place. Your pressure forced them to recognize the value of this system for our economy. Keep an eye on the upcoming parliamentary sessions to ensure they do not try to change this policy again.

March 18, 2011

Let Microcredit Flourish in Bangladesh

Let Microcredit Flourish in Bangladesh

🏆 Won — 3,221 supporters Verified

Final supporters

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+3,211 more
Started by Anonymous 15 years, 6 months ago

We, the undersigned, call upon the Prime Minister of Bangladesh, Sheikh Hasina, to maintain the tax exempt status for all micro-credit organizations in Bangladesh.

We are deeply concerned to see constructive, creative partnership solutions and incremental improvement to help micro-credit organizations such as Grameen Bank and BRAC, organizations that have been critical in helping the Bangladeshi economy and helping get Bangladesh to be known throughout the world. We believe that positive, affirming problem solving rather than destructive, dis-affirming ones will help the nation continue the development she has experienced for the past decade and more.

The long standing tradition of micro-credit organizations must be supported and augmented to help continue the improvement of our developing nation.

Updates

February 17, 2011

We just hit one thousand signatures for our microcredit campaign. Now post this link to your Facebook page and email your representative to keep the pressure on.

Reached 1,000 supporters

February 17, 2011

February 13, 2011

The momentum behind this petition is undeniable and shows that our community refuses to let microcredit support wither. Send this link to your local representatives and demand they echo our call to the Prime Minister. Post this on your Facebook feed right now so we can keep this pressure mounting.

Reached 100 supporters

February 11, 2011

6 Comments

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Sana Banerjee
15 years ago Featured

grameen bank changed my mothers life. leave it alone!!!!!

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Amina Fletcher
15 years ago Featured

So much progress has been made, don't stop it now by taking money away from these banks.

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Rahim Carter
15 years ago Featured

These programs gave my family a way out of poverty. taxing them will only hurt the people who need help most.

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David Roberts
15 years ago Featured

Keep politics out of it. The microcredit model is successful and should be left alone.

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John Hunt
15 years ago Featured

Microcredit is the backbone of the economy there. Stop trying to mess with a system that actually works.

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Fatima Russell
15 years ago Featured

PLEASE keep the tax status as is. BRAC has done more for our rural villagers than any government office ever could.

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