Special Loan Products
i. Small Loan for Male Client (Spouse or Family Head of Female Client)
|
Eligible Criteria |
Initial Maximum Loan Size |
Interest rate |
Loan Term |
Repayment Mode |
Incremental increase of loan size |
|
A special loan product designed for the spouse or family head of ASA’s female client to cater to the need for strengthening supplementary/main income generating activities of the family by injecting some working capital. It also intends to support rural households for their agricultural activities during seasons |
BDT 4,000 or US$ 60 |
12.5% (flat) |
One Year |
Monthly (12 equal monthly installments) |
BDT 1,000 or US$ 15 (maximum); annual |
ii. Business Development Loan (part of BDS)
|
Eligible Criteria |
Initial Maximum Loan Size |
Interest rate |
Loan Term |
Repayment Mode |
Incremental increase of loan size |
|
Defaulters who lost projects due to factors beyond their control and have willingness to pay. Mainly to cater to the need of small and small business loan clients’ |
BDT 5,000 or US$ 75 |
12.5% (flat) |
One Year |
Flexible; Weekly or Monthly |
Not fixed; depends on progress and capacity |
iii. Rehabilitation Loan
|
Eligible Criteria |
Initial Maximum Loan Size |
Interest rate |
Loan Term |
Repayment Mode |
Incremental increase of loan size |
|
A loan product for clients’ affected by natural disasters e.g., flood, cyclone etc |
BDT 1,000 or US$ 15 |
Interest free |
12 months |
Flexible; Weekly or Monthly |
NA |
iv. Short Term Loan
|
Eligible Criteria |
Initial Maximum Loan Size |
Interest rate |
Loan Term |
Repayment Mode |
Incremental increase of loan size |
|
A loan product of short duration for clients’ having business activities in need during seasons |
BDT 100,000 or US$ 1,470 |
12.5% (flat) |
3 months |
Flexible; Monthly or at a time |
NA |
v. Scarcity Loan
|
Eligible Criteria |
Initial Maximum Loan Size |
Interest rate |
Loan Term |
Repayment Mode |
Incremental increase of loan size |
|
A loan product for clients’ in scarcity during lean season; Loan can be used for both asset building before the lean season and consumption during the lean season |
BDT 3,000 or US$ 45 |
12.5% (flat) |
3 months |
Flexible; Monthly or at a time |
NA |
vi. Education Loan
|
Eligible Criteria |
Initial Maximum Loan Size |
Interest rate |
Loan Term |
Repayment Mode |
Incremental increase of loan size |
|
A loan product to support clients’ children studying in 8th grade and above |
BDT 3,000 or US$ 45 |
10% (flat) |
One Year |
Weekly |
NA |