Loan for Women Entrepreneurs

Any business purpose loan for business enterprises (other than Public Limited Company) incorporated in Bangladesh own and run by women entrepreneurs (at least 51% share of a business hold by women), engaged in manufacturing/ trading/ service business having minimum 2 (two) years successful business experience in the same line of business.

Eligibility

• Women entrepreneurs must have legal entity.
• They must have two years successful experience in the same line of business.
• Monthly cash flow to support proposed loan repayment.

Nature of Loan

• Term Loan/ Over Draft/ Demand Loan

Loan Limit

• Up to Tk.25,00,000/- collateral free*
• Above Tk.25,00,000/-up to Tk. 50,00,000/- with collateral.

Loan Period

• Maximum 60 (sixty) months for Term Loan.
• Maximum 12 (twelve) months for Over Draft
• 03 (three) months to 06 (six) months on the basis of business nature for Demand loan

Grace Period

• 03 (three) months to 06 (six) months on the basis of business nature.

Interest Rate

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

Repayment

• By equal monthly installment (EMI) effective from completion of grace period for Term Loan.
• Over Draft to be adjusted within the validity or renewable in revolving nature.
• Demand Loan to be adjusted within the validity.

*Condition applies