IFIC - Shilpo Sohay

IFIC - Shilpo Sohay

Loan for Cottage & Micro Enterprise

Loan product for any Bangladeshi potential entrepreneures or group of entrepreneures (maximum 05) who has the business of Cottage & Micro Enterprise i,e, Pottery, Cane & Bamboo, Handloom, Goldsmith, Handicrafts, Jewellery and other manufacturing, service & trading business and has minimum 01 (one) years business experience in particular activity or line of cottage & micro sized business.


  • Entrepreneurs must be full time involved in the business.
  • Entrepreneurs must be a permanent resident in his/her business area.
  • Monthly cash flow to support loan repayment.

Nature of Loan

  • Term Loan.

Loan Limit

  • Maximum Tk.50.00 thousand for individually operated cottage enterprise.
  • Maximum Tk.3.00 lac for individually operated micro enterprise.
  • Maximum Tk.2.50 lac for group lending in case of cottage enterprise.

Tenor of Loan

  • Maximum 60 (Sixty) months.

Grace Period

  • Maximum three months on the basis of business nature.


  • Third party personal guaranty as acceptable to bank.


  • Equal Monthly Installment (EMI).

*Condition applies.