Basic Loan Products
i. Small Loan for Female Clients; accounts for 78% of total portfolio
|
Eligible Criteria |
Initial Maximum Loan Size |
Interest rate |
Loan Term |
Repayment Mode |
Incremental increase of loan size |
|
Economically active poor to undertake or strengthen income generating activities |
BDT 10,000-20,000 or US$ 150-300 depending on the economic potential of area and client’s capacity as well |
12.5% (flat) |
45 weeks |
Weekly |
BDT 4,000 or US$ 60 (maximum) in each loan cycle |
ii. Hardcore Poor Loan; accounting 1% of total portfolio
|
Eligible Criteria |
Initial Maximum Loan Size |
Interest rate |
Loan Term |
Repayment Mode |
Incremental increase of loan size |
|
A flexible loan product for hardcore/ultra poor to match their irregular pattern of income generating activities |
BDT 5,000 or US$ 75 |
12.5% (flat) |
Flexible; 4, 6 or 12 months |
Flexible; Monthly, quarterly and half-yearly installments or at a time |
BDT 2,000 or US$ 30 (maximum); annual |
iii. Small Business loan; accounts for 12% of total portfolio
|
Eligible Criteria |
Initial Maximum Loan Size |
Interest rate |
Loan Term |
Repayment Mode |
Incremental increase of loan size |
|
A loan product for informal or formal micro enterprises to promote production/enhance business activity and employment generation |
BDT 50,000 or US$ 735 |
12.5% (flat) |
One Year |
Flexible; Weekly or Monthly |
BDT 7,000 or US$ 100 (maximum); in each loan cycle |
iv. Small Entrepreneur Lending (SEL); accounts for 6.5% of total portfolio
|
Eligible Criteria |
Initial Maximum Loan Size |
Interest rate |
Loan Term |
Repayment Mode |
Incremental increase of loan size |
|
A loan product for informal or formal small/micro enterprises to promote production/enhance business activity and employment generation. This product also caters to Information Technology related activities |
BDT 400,000 or US$ 5,900 |
12.5% (flat) |
12/18/24 months |
Monthly |
Not fixed; depends on projects |
v. Agri-business Loan; account to 1.5% of total portfolio
|
Eligible Criteria |
Initial Maximum Loan Size |
Interest rate |
Loan Term |
Repayment Mode |
Incremental increase of loan size |
|
A loan product for supporting agribusiness related activities |
BDT 400,000 or US$ 5,900 |
12.5% (flat) |
12/18/24 months |
Monthly |
Not fixed; depends on projects |