Bangladesh's BRAC Bank has partnered with Apon Bazaar, a marketplace for industrial workers, to extend small-ticket digital loans without any paperwork to garment workers affiliated with the latter in minutes, thereby improving their lives. It allows them to apply for loans on mobile phones beyond banking hours. They can get instant loans up to BDT 50,000.
BRAC Bank is a Bangladesh-based financial institution that provides commercial and personal banking products and services for individuals and businesses.