To support cottage, micro, small and medium enterprises (CMSMEs) sustain their business during the Covid-19 pandemic, IPDC Finance Limited is providing stimulus loans in collaboration with Ajkerdeal.com.
To initiate this collaboration, IPDC signed a Memorandum of Understanding (MoU) with Ajkerdeal.com, said a press release.
Under the MoU, IPDC will provide loans, prioritizing stimulus packages, to CMSMEs, which are merchants of the latter organization.
IPDC has already disbursed the first merchants of Ajkerdeal.com under the stimulus package recently.
Mominul Islam, managing director and CEO of IPDC, stated: “IPDC has always given back to the community, even more so now during this socioeconomic catastrophe. We feel obliged to stand by the businesses that are taking it the hardest. IPDC has been relentlessly working to provide stimulus loans to CMSMEs all over Bangladesh, placing its focus especially on non-metropolitan areas."
Rizwan Dawood Shams, deputy managing director of IPDC, said: “This sort of collaboration is ideal for reaching a wider network of CMSMEs and helping them get back on their feet through IPDC’s initiatives. We are strongly invested in providing loans, especially the stimulus loans and remaining aligned with the authorities and the apex bank.”
Ajkerdeal.com runs an e-commerce platform where categories of brand products are displayed and sold.
It operates its entire supply chain in association with around 10,000 cottage and micro enterprises.
Through this collaboration with IPDC, they are prioritizing the potential enterprises that are affected by the pandemic.
Fahim Mashroor, CEO of Ajkerdeal.com, said: “This initiative will greatly aid the small entrepreneurs working with us and help them overcoming economic challenges they have faced for the pandemic.”