Loan for Grassroots Women Entrepreneurs

Any business purpose loan for Cottage, Micro and Small Enterprise owned & run by grassroots women entrepreneurs involved in manufacturing unit of jamdani, nakshikatha, boutiques and other handicrafts, service unit of beauty parlour, catering service and other income generating trading activities and those who have no access to financial facilities from banks.

Eligibility

• Grassroots Women Entrepreneurs having at least two years experience in same line of business.
• Monthly cash flow to support loan repayment.

Nature of Loan

• Term Loan.

Loan Limit

• Minimum Tk.1,00,000/- to maximum Tk.5,00,000/- (collateral free)
• Above Tk.5,00,000/- but up to maximum Tk.20,00,000/- (with collateral)*
• Minimum Tk.2,00,000/- to maximum Tk.5,00,000/- (collateral free for group of five members).

Loan Period

• Minimum 24 (twenty four) months to maximum 36 (thirty six) months for loan upto Tk.3,00,000/-
• Minimum 36 (thirty six) months to maximum 60 (sixty) months for loan above Tk.3,00,000/-.

Interest Rate

• @ 9.00% p.a. with quarterly rest, (as directed by Bangladesh Bank subject to availability of refinance).
• Repayment
• Equal Monthly Installment (EMI).

*Conditions apply.