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Microfinance is comparatively a new financial innovation plays an important role in extending financial access to the underserved population and promoting economic growth through inclusion of economically disadvantages population. Both Bangladesh and China have adopted microfinance to reach out and integrate their poor into the economic mainstream. Bangladesh adopted microfinance early on and has made tremendous progress in developing innovative micro-credit models, diversifying services, expanding outreach and achieving sustainability. China adopted microfinance in early nineties as the...

Like many developing countries Bangladesh has made notable progress in reducing rural poverty since independence in 1971. The driving force of reducing rural poverty is the growth of agricultural sector. Livestock plays an important role to alleviate rural poverty as an integral part of agriculture. Livestock provides flexible reserve during economic stress and serves as a buffer against crop failure, earn foreign exchange and improve trade balance of payment. Poor household directly benefits through raising livestock in their homestead. They can consume livestock & poultry and its products...