How an American missionary empowered Bangladesh’s Christian community

Dhaka, Bangladesh, Nov 18, 2025 / 09:00 am

On the 37th anniversary of his death, Bangladesh’s Christian community honored an American Holy Cross priest and microcredit pioneer who transformed their economic future — Father Charles Joseph Young, whose cooperative credit union has grown from 50 members and barely any money in 1955 to 46,000 members with $122.6 million in capital today.

On Nov. 14, the country’s most respected cooperative, the Christian Cooperative Credit Union Ltd., Dhaka — known as Dhaka Credit — and other cooperatives marked Young’s death anniversary with events including tributes at his grave, a Mass, and public discussions on his life and impact.

“If Dhaka Credit had not stood by me today, I would not have been a successful businesswoman and entrepreneur,” said 45-year-old Shukli Kubi, a Garo tribal mother of two.

Kubi, originally from a rural area in Mymensingh Diocese in central Bangladesh, came to Dhaka in search of a livelihood and started working in a beauty parlor for just 500 taka (the equivalent of $4 today) about 15 years ago. After gaining experience, she has now opened a parlor of her own and is considering a loan from Dhaka Credit to expand.

“I easily took a loan from Dhaka Credit to buy at least 150 decimals of land in the village and opened a beauty parlor in Dhaka, where 10 employees are now working,” she said.

Many workers in Kubi’s parlor have gone on to open their own, albeit on a smaller scale, and she is planning to expand further. “I tell people, save some money in Dhaka Credit and take a loan to buy land for yourself or start a business like me,” Kubi said.

Dhaka Credit is a cooperative run by lay Christians in Bangladesh, founded in 1955 under Young’s leadership. The organization, which started with only 50 members and a capital of 25 taka (the equivalent of about $0.20 today), now has 46,000 members and a capital of about $122.6 million. It operates the Divine Mercy Hospital Ltd., a 300-bed facility — the first hospital established by lay Christians in the country — with more than a thousand employees.

At the time of its founding, Catholics in Bangladesh were financially vulnerable and often forced to take loans from landlords at high interest rates. Young established the credit union movement to lift the Christian community out of poverty, explained Michael John Gomes, president of Dhaka Credit. Gomes noted that, due to Young’s influence, more than 250 cooperatives now exist in parishes across the country.

To keep Young’s legacy alive, Dhaka Credit established the Father Charles J. Young Foundation, which benefits people of all religions in Bangladesh. The foundation seeks to create employment for poor and educated unemployed youth via skills training, educational support, and research.

American-born Young established a housing project for Christians in Bangladesh. He was born May 3, 1904, in Auburn, New York, the fourth and youngest child of Daniel F. Young and Mary Anne (Jennings) Young. He grew up in St. Mary’s Orphanage in Rochester, run by the Sisters of St. Joseph, received a bachelor of arts degree from the University of Notre Dame in 1929, and was ordained a priest on June 24, 1933.

Upon his arrival in Bangladesh, Young served in various parishes, spending much of his life among the Garo tribal people. In 1953, the then-archbishop of Dhaka, Lawrence Leo Graner, CSC, sent him to study cooperatives at the Coady Institute, St. Francis Xavier University in Canada. Upon his return, he established Dhaka Credit.

According to the book “Father Charles J. Young, CSC, Father of Credit Union in Bangladesh,” by Father Richard William Timm, CSC, Young dedicated himself to forming credit unions for the poorest, recognizing their dependence on moneylenders and understanding their needs from firsthand experience.

The American priest believed the purpose of credit unions was to help people learn to be frugal — not for charity or profit but for service.

Swadhin Mandal, who started with several loans from Dhaka Credit to build a rent-a-car business, is now a successful entrepreneur employing 10 drivers with eight cars. “If Father Young had not started this cooperative movement, I would not have been able to start this business today,” Mandal said.

After the 1947 partition, Young played a critical role in alleviating a housing crisis and resolving the Garo land problem. During the devastating cyclone of 1970, Young hurried back from leave in the U.S. to participate in relief and later co-founded the Christian Relief and Rehabilitation Organization — the precursor to Caritas Bangladesh.

Young and the Catholic Church made a significant contribution during and after the Bangladesh War of Independence in 1971, including arranging management training for funds received by Caritas and establishing a residential hostel for students in Dhaka.

Poverty alleviation and community self-development were significant challenges during Young’s era, recalled Babu Markus Gomes, vice chairman of the Father Charles J. Young Foundation. “Father Young is the father of Dhaka Credit and the credit union movement, but he did not seek to be its president. He spread this movement throughout the country, leading those for whose quality of life this union was created,” Gomes said.

“He spread the word of Christ to everyone, regardless of race, religion, or caste. Whenever someone wants to build a credit union, they recall this great priest — people of all faiths remember him, and the word of Christ spreads throughout the country as a result,” Gomes added.

Young died on Nov. 14, 1988, in a road accident while riding his motorcycle to his residence. He was buried at the Holy Rosary Church’s cemetery in Tejgaon, Dhaka.

“We can work to canonize Father Young based on his life’s immortal contribution to humanity,” Gomes said during a recent homage at Young’s grave.

Holy Cross Father Hubert Liton Gomes, a cooperative expert, said if the Church is willing, the cause for canonizing Young could move forward.

“Canonizing is not a one-day task; it requires research, prayer, and effort. The Church has to consider many things, but we can take the initiative,” said Gomes, secretary of the Justice and Peace Commission of the Bangladesh Catholic Bishops’ Conference.