The role of Small and Medium Enterprises (SMEs) is indispensable for overall economic development of a country particularly for developing countries like Bangladesh. Since this sector is labor intensive, it is capable of increasing national income as well as rapid employment generation; achieving Sustainable Development Goals (SDGs) especially eradication of poverty, gender equality and women empowerment.SME Financing is considered as one of the focus areas of operation in SIBL. Specially, the small entrepreneurs and women entrepreneurs are properly addressed by SIBL with the diversified products designed for this purpose.

SIBL has been continuously financing in different agricultural businesses & projects in addition to provide financing to the farmers through its entire branch network spread over the country. Agricultural clients are being served with immense care in all of SIBL’s branches situated both in rural and semi-urban areas.

SIBL as a part of its social commitment will keep on patronizing the SME &Agri. clients to fulfill their diversified needs.

Our Services & Features:

  • Swift processing of Investment proposals (specially for Women Entrepreneurs & Farmers)
  • Investment is given with simple terms & conditions considering the merit of the project
  • Revolving and term investment facilities
  • Maintaining shariah through ensuring buy-sell procedurecompletely
  • Providing cluster based financing
  • After expiry of Investment renewal facility is available
  • Collateral free Investment facility (specially for Women Entrepreneurs & Farmers)

 

We have an array of SME/Agri products- designed to satisfy the diversified financial needs of SME/Agri. clients. We are offering both Revolving & Term Investment facilities to the SME/Agri. clients. Small Entrepreneurs, Agri. Clients and Women Entrepreneurs are properly addressed by the diversified products designed for this purpose.

 

Features of SME products - at a glance

Sl. no Product Name Features Small Enterprise Medium Enterprise Profit rate Tenor
Investment Amount Investment Amount
PPG-1 Baim- SME (Revolving) Continuous Investment to meet up working capital requirement.
(Revolving basis)
Maximum
Tk 50.00 lac.
Maximum
Tk 5.00 crore.
Market based and competitive 1 year
PPG-2 HPSM- SME (Com.) Term Investment to purchase fixed asset.
(Equal Monthly Installment-EMI basis)
Maximum
Tk 50.00 lac.
Maximum
Tk 5.00 crore.
2-5 years
PPG-3 HPSM- SME (Transport) Term Investment to purchase transport for business purpose.
(Equal Monthly Installment-EMI basis)
Maximum
Tk 50.00 lac.
Maximum
Tk 5.00 crore.
2-5 years
PPG-4 Baim- ME
(Micro-Enterprise)
Term Investment to purchase raw materials/goods.
(Equal Monthly Installment-EMI basis)
Maximum
Tk 5.00 lac.
------------ Maximum 3 years
PPG-5 Bai- Muajjal Com Installment (SME) Term Investment to meet up working capital requirement.
(Equal Monthly Installment-EMI basis)
Maximum
Tk 50.00 lac.
Maximum
Tk 5.00 crore.
 
PPG-6 Murabaha- SME Continuous Investment to meet up working capital requirement.
(Revolving basis)
Maximum
Tk 50.00 lac
Maximum
Tk 5.00 crore.
1 year

General Eligibility:

  • Each entrepreneur/client/businessman should obtain trade license from the concerned authority.
  • Each businessman/entrepreneur having experience of at least one year will be given preference to the investment facilities.
  • Nationality:Any citizen born in Bangladesh.
  • Age: Minimum 18 years and maximum up to 60 years.
  • Nature of business:Small & Medium scaled trading, manufacturing, service, non-farm activities, agro-based industries etc.
  • Legal form of the business:Sole proprietorship, Partnership, Limited Company (preferably Private Ltd.)
  • The client must have regular cash flow in the business.
  • The client must have clean CIB report.
  • The project must be Shariah compliant.

 

Agricultural Investments

 

Bai’muajjal-Agri (Revolving) :

  • Continuous investment to meet up working capital
  • To be repaid on revolving basis
  • Investment limit ranges up to 05 crore

Bai’muajjal-Agri (Installment):

  • Term investment to purchase agricultural inputs
  • To be repaid on equal monthly/quarterly installment basis
  • Investment limit ranges up to 05 crore

General Eligibility:

  • National ID Card/Any Photo ID
  • Agricultural Input Assistance Card (AIAC)
  • Personal guarantee document of one family member
  • In case of financing to share cropper, personal guarantee of land owner
  • Simple hypothecation of crops, goods or machinery items
  • NOC from local Banks and/or CIB report from Bangladesh Bank.

Our dedicated workforces working at Head Office and Branches are rendering their best efforts and personalize service to the SME/Agri. clients


Investment Application Form for SME Entrepreneur

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