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SAJIDA Foundation receives USD 7.5 million fund from FMO, Netherlands to expand microcredit program SAJIDA Foundation has received a USD 7.5 million fund from FMO, the Dutch entrepreneurial development Bank, through it s government fund MASSIF. The agreement was executed on 14 th December 2020 after receiving approval from Bangladesh Bank and Microcredit Regulatory Authority and shall remain effective till September 2025. SAJIDA will use this facility to expand its microcredit program. Chief Investment Officer Huib-Jan de Ruijter said  We are happy to partner with Sajida Foundation. Sajida offers vast array of social development programs. Its mission to improve the quality of life in the communities where we work through sustainable and effective intervention resonates with our objectives of reducing inequalities and sustainable development. We are proud to work together to make a difference in the microfinance sector in Bangladesh.

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