The Microenterprise Financing and Credit Enhancement Project (MFCE) is a Bangladesh initiative designed to expand access to finance for small, unbanked businesses (microenterprises). Here's the gist:

Goal: Increase access to financial resources for microenterprises, especially those owned by women and in climate-vulnerable regions.

Implemented by: Palli Karma-Sahayak Foundation (PKSF), a government microfinance organization, with funding from the Asian Development Bank (ADB).

Method: Channels funds through PKSF to its partner microfinance institutions (MFIs).

Additional features:

• Pilot credit guarantee scheme to encourage commercial banks to lend to MFIs.
• Training and advisory services for MFIs to improve women's entrepreneurship and climate-resilient microfinance practices.

Overall, the MFCE aims to strengthen Bangladesh's microfinance sector and empower microentrepreneurs, particularly women, by making it easier for them to get the financial resources they need to grow their businesses.