DAM Foundation for Economic Development (DFED)

DAM Foundation for Economic Development (DFED) was established by Dhaka Ahsania Mission (DAM) in June 2014 as a specialized economic development institution to offer financial services and other development programmes to enhance the socio-economic condition of poor people for creating their employment opportunities, raising income and increasing their asset and financial resources. It is mentionable that Microfinance programme of Dhaka Ahsania Mission (DAM) was merged with DFED. With a view to alleviating poverty through improvement of standard of living of poverty-stricken people across the country and women’s empowerment, Dhaka Ahsania Mission (DAM) started implementation of Microfinance Programme since 1993. With the passage of time, DAM’s Microfinance Programme has enabled to stand on a sustainable foundation. To give microfinance programme an institutional shape, DAM has established “DAM Foundation for Economic Development (DFED)” as a Social Enterprise of DAM.

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