Meridian Finance & Investment Limited (MFIL) wants to explore the flow of emergence of women entrepreneurs and hence to help the growth of the economy. MFIL offers loan facility to Women Entrepreneurs under the brand of “SUCHANA” to small and medium business enterprises operated by women entrepreneurs
Eligibility
- Business experience: Minimum 1 year
- Age : 21 to 50 years
- Involvement : Must be actively involved in business for at least 1 year
Features
- Up to Tk. 25,00,000/- collateral free
- Above Tk. 25,00,000/- to up to Tk.50,00,000/- with collateral
- Maximum 60 (sixty) months for Term Loan/ Lease Finance
- Maximum 12 (twelve) months for Working Capital
- Interest rate@10% p.a (subject to approval from Bangladesh Bank)
Required Document
- Duly filled in and signed Application Form
- Photographs of Applicant & Guarantor(s)
- Valid NID/Passport, Driving/Trade License of Applicant and Guarantor(s) Trade License, NID & E-TIN
- Bank statements of last 12 (Twelve) months
- Copy of Utility bills
- Copy of tenancy agreement &
- Land Documents (if applicable)