BIFF has signed a participation agreement with Bangladesh Bank under the “Small Enterprise Sector” refinancing scheme on 17July, 2017. In this regards, A dedicated Women Entrepreneur Desk has been established.
Areas of Investment
The areas of investment under ‘Shoilee’ includes, but not limited, to the following:
|Healthcare||Food seed preservation & Cold storage|
|IT Telecom||Printing & Packaging|
|Tourism Hospitality||Light Engineering|
|Power & Energy||Leather & Leather Products|
|Energy Efficient Technology, Renewable Energy, Green Finance||Community Center|
|Warehouse, Port, Container Depot and Terminal||Amusement Park|
|Economic Zone and Industrial Park||Boutiques, Nakshi Kantha, Handloom, Jamdani|
|Utility & Environmental Management||Cable Operators|
|Eligible Criteria||Large/ Medium/Small industries involved in Services and Manufacturing businesses run by women entrepreneurs (at least 51% shareholding) related to above mentioned sectors.Entity could be Proprietorship/Partnerships and Limited Company
Up to date Trade license
|Loan Amount||Up-to 70% of total project/business cost|
|Interest Rate||Up-to1% lower than prevailing market rate|
|Tenor & Grace Period||Tenor & Grace Period will be fixed, based on cash flow generation of the project/business.|
|Security Package||Up-to 25 lakh, without collateral
Above 25 lakh, Standard Security Package.
|Products||Working Capital Loan
Short Term Loan
Long Term Loan
How to Approach BIFFL
Entrepreneurs are requested to come directly to BIFFL Office, or log into www.biffl.org.bd. In our website, you will find a credit application form with all instructions .Please fill it up with detailed and proper information.