From the very beginning, one of the goals of Jamuna Bank Ltd. is to provide services to the under privileged people of remote areas. Keeping that idea in mind, the Jamuna Bank Ltd. has come forward with a product for SME customers named ‘Jamuna NGO Shohojogi’. ‘Jamuna NGO Shohojogi’ ensures wholesale financing through the reputed NGOs in the country whose past records are remarkable, repayment behaviors are satisfactory, growth rates are significant and above all loan monitoring & recoveries are above 95%.

Purpose

• To provide loan facility to the small enterprise through wholesale lending to the NGOs.

Key Features

• Loan Amount: Max. limit BDT 500.00 lac
• Tenure: Max. 48 months.
• Interest Rate: Competitive interest rate.
• Fast and quality service.
• No hidden charge.
• Monthly instalment basis.

Eligibility

• Any type of NGO having certificate from Micro Credit Regulatory Authority to operate business in Bangladesh.
• Having business at least for 5 years in the same line.
• Age Limit: 20 years to 60 years.

Required Documents

• Last twelve months’ sales statement.
• Last twelve months’ bank statement.
• Valid Trade License of last two years.
• Personal guarantee of all the directors.