Entrepreneurs to get collateral-free loan, says Barua
FE Report | Thursday, 10 March 2011
FE Report
The government plans to provide collateral-free loans to male entrepreneurs to help small and medium enterprises boom in the country, industries minister Dilip Barua said Wednesday. "We're considering providing collateral-free loan to male entrepreneurs along with women involved in the SME sector," the minister said. Like female, male entrepreneurs will also get loan of Tk 0.7-Tk 2.5 million without any mortgage, he said, adding this will help entrepreneurs get easy access to finance, which is a major hurdle. The minister was speaking at the inaugural ceremony of an IT based training programme for the SME entrepreneurs in the city. SME Foundation in cooperation with Bangladesh Computer Council (BCC) organised the 15-day training programme to help entrepreneurs acquire IT skills. Mr Barua said the government will take effective measures for marketing the products of women entrepreneurs based in far-flung areas of the country. Aftab-ul-Islam, chairman of SME Foundation, presided over the meeting while Syed Rezanul Kabir, managing director of SME Foundation and Jabed Ali Sarker, director of BCC, among others, were present in the function. A total of 120 entrepreneurs from different districts of the country are taking part in the training on on-line business and e-commerce.
The government plans to provide collateral-free loans to male entrepreneurs to help small and medium enterprises boom in the country, industries minister Dilip Barua said Wednesday. "We're considering providing collateral-free loan to male entrepreneurs along with women involved in the SME sector," the minister said. Like female, male entrepreneurs will also get loan of Tk 0.7-Tk 2.5 million without any mortgage, he said, adding this will help entrepreneurs get easy access to finance, which is a major hurdle. The minister was speaking at the inaugural ceremony of an IT based training programme for the SME entrepreneurs in the city. SME Foundation in cooperation with Bangladesh Computer Council (BCC) organised the 15-day training programme to help entrepreneurs acquire IT skills. Mr Barua said the government will take effective measures for marketing the products of women entrepreneurs based in far-flung areas of the country. Aftab-ul-Islam, chairman of SME Foundation, presided over the meeting while Syed Rezanul Kabir, managing director of SME Foundation and Jabed Ali Sarker, director of BCC, among others, were present in the function. A total of 120 entrepreneurs from different districts of the country are taking part in the training on on-line business and e-commerce.