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Dhaka Tribune

Transgender, ethnics entitled to get SME loans

Update : 10 Jun 2015, 06:40 PM

The transgender, physically challenged and ethnic communities including Rakhine will be entitled to get bank loans under the Small and Medium Entrepreneurs (SME) sector. 

Bangladesh Bank took the decision, aiming to bring underprivileged people into financial inclusion by involving them with SME activities, said a circular the authority issued yesterday. 

The move to encourage underprivileged people for Small and Medium Enterprises (SME) comes a year after the Bangladesh government recognised the transgender population (Hijra) as third gender.

People belonging to ethnic groups, including the Rakhine, physically-challenged people, and "underprivileged women entrepreneurs" will also come under SME activities, the notice said.

Previously, there was no legal framework in this regard. 

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