Small loans made to the unemployed, poor entrepreneurs and others living in poverty back a novel securitization launched by the world's largest non-governmental organization, based in Bangladesh.

BRAC, which lends to five million borrowers and has 100,000 employees, will use the financing to diversify its funding sources, reduce its on-balance sheet assets and disburse more funds to a larger number of micro entrepreneurs, reinforcing its commitment to helping in the development of the micro-credit sector.

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