Proceedings of 13th Asian Business Research Conference 26 - 27 December, 2015, BIAM Foundation, Dhaka, Bangladesh, ISBN: 978-1-922069-93-1 The Contribution of Microfinance Institutions to the Economic Growth of Bangladesh Benazir Rahman1 In a developing country like Bangladesh Microfinance Institutions (MFIs) are one of the gateways toward the development. Bangladesh is an innovator and home of conceptualizing micro-credit platform. For the insurance of economic progress of our country especially in rural areas which is the major part of the country MFIs are playing tremendous role. These institutions help to empower women, reduce unemployment and gear up SME sector of the country. These are helping to increase credit facilities beside the banking industry even in remote areas of our country. The paper is descriptive in nature and focuses on the impact of MFIs over the economic status of the country as a whole. Key words: MFIs, economic growth, SME, credit accessibility, living standard, rural development. _________________________________________________________ Benazir Rahman, Sr. Lecturer in Finance, Department of Business Administration, Northern University Bangladesh,safa.bnkng.du@gmail.com