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Loan Insurance

Under this program, all outstanding loans are paid off from the insurance fund in the event of the death of a borrower or her husband or both. An insurance fund is created with interest generated through a savings account created by deposits of the borrowers. Up to December 2021, outstanding loans and interest amounting to BDT 11.8 billion (USD 149.63 million) due from 690265 deceased borrowers were paid off under this program.