Olivia Parker
May 2, 2019

Bangladeshi farmers switch veg for first bank accounts

Grey Dhaka brought Bangladesh's United Commercial Bank and the grocery company Shwapno together in this effort to help farmers convert their spare food into savings.

The Bangladeshi village of Barinagar, in the western district of Jessore, has become a test ground for a new AgroBanking’ scheme aiming to help the nation’s “unbanked” farmers set up their first bank accounts by exchanging leftover produce for financial savings.

Over a third of the people in Bangladesh do not have bank accounts, and many are farmers who grow food for their families and try to sell the leftovers for small profits. Anything...

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