Fulfilling the dreams of Women Entrepreneurs
Trust Nondini (Women Entrepreneurship Loan): Any Bangladeshi Women Entrepreneur (with minimum skills and specific Succession plan) having minimum 2 (Two) Years of experience for running the business successfully in urban/rural areas and has the capacity to repay the bank loan.
Features:
- Purpose:
- To meet up working capital requirement
- To acquire fixed assets to set up business units/industries or expansion of existing business (Repair Renovation, New Outlet,Building Additional Stocks etc). Fixed assets that include Plant, Machinery, Air Cooler, Furniture, Fixture etc. Laptop, Gadgets may be allowed as additional requirements.
- Facility Type: Term Loan, OD, Time Loan, L/C, TR
- Loan Tenor: 5(Five) years including 06 Month grace period.
- Loan Amount: BDT 1.00 Lac to 500.00 Lac.
- Interest Rate: 5% Interest Rate applicable upon availability of Bangladesh Bank Refinance otherwise advised by Head Office from time to time.
- Security/ Collateral:
- Hypothecation of Stock, Receivable, Machineries.
- Collateral Free Upto BDT 25.00 lac.
- Personal Spouse Guarantee (Guarantee of spouse will be waived in case of Widow or Divorce woman), 3rd Party Guarantee
- Post/Undated cheque.
- Insurance Coverage (if required)
- Proprietorship firm.
- Partnership business/Private Limited Company having 51% or more ownership of women.
- Age Limit: Minimum- 20 years, Maximum- 60 Years.
- Valid & Updated Trade License/ Partnership Deed/ Certificate of Incorporation/ MOA
- National ID/Smart Card
- TIN/VAT Certificate
- Bank Statement
- Company Seal
- Photograph
- Updated CIB
- Any other Documents (If required).