• Wednesday, Dec 01, 2021
  • Last Update : 10:10 pm

Banks keen to promote women entrepreneurs

  • Published at 10:27 pm March 9th, 2019
Women SME Entrepreneur
An entrepreneur showcasing her products at Banker-SME Entrepreneur Fair at the Shishu Academy Syed Zakir Hossain/Dhaka Tribune

58 stalls of 54 banks are showcasing products

Parvin Akter, a woman entrepreneur from Rajshahi, started her business, "Rajshahi Nakshighor," in 1998 without any financial support from banks.

Later, in 2016, Bank Asia helped her with a small and medium-sized enterprises (SME) loan. Today, Parvin is a successful entrepreneur, producing various products, including Nakshi Kantha bed sheets, yoga mats, and Nakshi Kantha clothing.  

Generating employment for around 200 workers, Parvin received the National Women Entrepreneurship award in 2017.

“Bank Asia's loan came as a blessing for me. With their loan, I expanded my business to the state it is now today,” said Parvin.

Besides Parvin, many other women entrepreneurs are showcasing their products at the Banker-SME Women Entrepreneur Fair-2019, being held in Dhaka's Bangladesh Shishu Academy.

The SME and Special Programmes Department of Bangladesh Bank organized the three-day fair which began on Friday, to promote women entrepreneurs and their products.

Sanjana Ali, another entrepreneur and proprietor of Sanjana’s Exclusive House, is showcasing women’s clothing, jewellery, and cosmetics at the fair. She achieved success with financial assistance from Standard Bank.

Society for Development Initiatives (SDI) is showcasing agricultural products at the fair, through their Promoting Agricultural Commercialization and Enterprise (PACE) project. The purpose of this project is to produce and supply foods free of harmful chemicals.

Islami Bank Bangladesh is also showcasing various products made by women entrepreneurs they lent money to. The shariah-based bank provides loans to women entrepreneurs involved in the businesses of tailoring, manufacturing furniture, agro-business, distribution of seeds, leather industry, poultry farm, and the boutique garment sector.

LankaBangla Finance provides loans—ranging from Tk3 lakh to a maximum of Tk50 lakh—to women entrepreneurs as well. The maximum time limit for repaying these loans is 60 months.

Speaking to the Dhaka Tribune, Bank Asia Executive Officer (in charge of Monitoring and Collection Unit of MSME and Agro Division), Sarwar Jahan, said: “Women entrepreneurs do not have to suffer to get loans from Bank Asia. We provide collateral-free loans to all women entrepreneurs. However, it is difficult to find enough women entrepreneurs.”

According to the information desk of Bangladesh Bank, 58 stalls of 54 banks are showcasing products made by women entrepreneurs they have funded. The fair which will end today will be open to visitors from 9am to 8pm.

67
Facebook 62
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail