SME INFORMATICS

At ACACIA, we strive to be a force that helps to shifts our goal of development from conventional economic growth to responsible growth - incorporating in our economic priorities a broader set of social, environmental and well-being factors. While the change has begun in the large industrial sectors such as ship-breaking, tannery and ready-made garment sectors, in the MSME sector of Bangladesh, social responsibility driven investment remains elusive. Driven by the "small is good" mantra, traditional financial inclusion paradigm automatically assumes that all MSMEs are worth promoting. But what is achieved by bringing into the financial net a small enterprise that grows fruit but uses harmful chemicals in the process? Providing access to finance to such an MSME may generate employment, alleviate poverty, and create economic self-sufficiency for the entrepreneur, but it also leaves in its wake damaged kidneys and destroyed lives. Clearly then, we need a more selective approach to MSME..

Also known as: ACACIA, ACACIA SIRM, ACACIA SRIM, ACACIA SRIM LIMITED, ACACIA SRIM Ltd., SME Informatics Ltd.

Primary location: Dhaka Bangladesh