BD Finance to lend grocers

Bangladesh Finance and Supply Line Limited have signed a corporate agreement to include small entrepreneurs in pursuing sustainable development.

The agreement was signed at the Bangladesh Finance’s head office at Dilkusha in the capital on Thursday afternoon, according to a statement.

Under the agreement, Bangladesh Finance will provide short-term loans to the registered small grocery shop owners of Supply Line Limited. Through this agreement, the two organizations want to implement the SDGs of the government by reaching the desired goal by using technology with the link between financial institutions and grocery stores.

The cooperation agreement was signed by Bangladesh Finance Managing Director(MD) and Cheif Executive Officer (CEO) Md Kyser Hamid.

He said, “As a result of this initiative, small entrepreneurs who could not reach the desired target due to shortage of capital will get the capital from us at low interest, on easy terms and within a day”.

Under this agreement, Bangladesh Finance- CSME will bring small entrepreneurs into the scope of financial inclusion through loans, he added.

Supply Line Limited MD Irfan Rafique said, “As a result of this loan, entrepreneurs will be able to make sustainable business choices. These sustainable entrepreneurs will cooperate to achieve the SDG goals of the government.”

Bangladesh Finance Group CEO Md Sajjadur Rahman Bhuiyan, Head of Operations Md Rafiqul Amin, Head of Sustainable Finance Md Kohinoor Hossain, Head of Credit Risk Management Suman Kumar Kundu, Principal Branch Manager Mohammed Jahir Uddin and others were present on that occasion.