Any business purpose loan for Small and Medium sized business, owned by women entrepreneurs.
Eligibility
Woman entrepreneurs having two years experience in the same line of business.
Monthly cash flow to support proposed loan installment.
Nature of the Loan:
Term Loan
Loan Size:
Minimum Tk. 50,000/-(Fifty Thousand)
Maximum Tk. 3.00 lac
Repayment:
Monthly Repayment facility.
Security:
No Collateral security
Loan Period:
Maximum 18 (Eighteen) months for loan amount of Tk. 50,000/-
Maximum 24 (Twenty four) months for loan upto Tk.1.00 lac.
Maximum 36 (Thirty six) months for loan upto Tk.3.00 lac.
Shortest possible processing & least formalities
SME Banking
The growth of Small and Medium Enterprises (SMEs) in terms of size and number has multiple effect on the national economy, specifically on employment, GDP growth, and poverty alleviation in Bangladesh. IFIC Bank is also a partner of SME sector development of the country.
