Sunday, June 8, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

BAOWE inaugurates MFI for its members

May 5, 2019
in Uncategorized
Reading Time: 1 min read
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Bhutan Association of Women Entrepreneurs (BAOWE) inaugurated microfinance institution (MFI), BAOWE- Pelzhing yesterday. They also distributed micro automated teller machine (ATM) to its members from across the country.

The MFI licensed by the Royal Monetary Authority (RMA) has been conceptualized to provide a conducive platform to encourage support for their members to invest in their business.

MFIs are expected to address the gap between rich and poor, create employment and promote access to finance particularly among the rural people and unemployed youth.

The micro ATM is also expected to inculcate the saving habit among the members. The members can deposit and withdraw from micro-ATM.

“With access to micro ATMs on their doorsteps, people will start saving what they have in excess, and it will then become a habit. Also, first-time entrepreneurs are coming forward because of access to MFI,” Damchae Dem, the Founder& CEO of  BAOWE, said. 

The MFI will also provide loans to its members without any collateral.

Previous Post

Bhutan likely to experience heavy rainfall due to Cyclone Fani

Next Post

Management plan for Punakha Dzong

Next Post
7 killed,16 injured & 1 missing in Bus accident

Management plan for Punakha Dzong

7 killed,16 injured & 1 missing in Bus accident

7 killed,16 injured & 1 missing in Bus accident

National Handicap Championship Golf tournament ends

National Handicap Championship Golf tournament ends

Please login to join discussion

RECOMMENDED NEWS

Man apprehended for attempt to rape

Man apprehended for attempt to rape

10 years ago
1
Regional Startup Network- to support entrepreneurs in the region

Regional Startup Network- to support entrepreneurs in the region

3 years ago
5
Tsirang’s PSL committee approves 14 projects

Tsirang’s PSL committee approves 14 projects

7 years ago
1
MoWHS Minister quizzed on east-west highway widening works completion date

MoWHS Minister quizzed on east-west highway widening works completion date

6 years ago
1

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (426)
  • Announcement (174)
  • Audience Survey Report (1)
  • Business (744)
  • Crime/Legal (367)
  • Culture (47)
  • Development (51)
  • Disaster (57)
  • Economy (278)
  • Education (413)
  • Entertainment (13)
  • Environment (61)
  • Feature (65)
  • Featured (6)
  • Festival (78)
  • GMC (14)
  • Headlines (9)
  • Health (622)
  • Legal (52)
  • Literature (9)
  • Livestock (75)
  • Media (25)
  • Other Stories (5,574)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (709)
  • Social (516)
  • Sports (449)
  • Technology (190)
  • Tourism (19)
  • Uncategorized (13,866)
  • Video (136)
  • Video Story (249)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • Newspaper accuses DPT candidate of political ploy

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • Phuentshogling Thromde installs reverse vending machine to promote recycling
  • Fixed deposit interest to be taxed at 10% under proposed Income Tax Bill
  • Yonphula Specialised Rehabilitation School to open next month
  • RMA to roll out seven new measures for loan repayment support
  • National Housing Strategy to be ready by September

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.