Toukir Azam Chowdhury, ID # 2010-2-10-202 Business Communication, BUS-231(3) Journal # 3, Date of Submission-21 June 2012

Women Entrepreneurs are getting advantages to get SME loan

Small and Medium Enterprise (SME) sector loan policies are giving precedence to the women entrepreneurs without any social & political obstacle. They also guarantee that be present facilities of loan also work for countrys enhancement. Deputy Governor of Bangladesh Bank (BB) Abul Kashem exposed this as a chief guest of a view-sharing meeting with bankers of the region at the BB's Rajshahi Branch with BB local branch General Manager Zinnatul Bakeya.The purpose of the meeting is marking distribution of SME loans among some entrepreneurs including women which is organized by BBs SME Division. Joint Director (SME Division) of BB Ashraful Alam was talking about the SME investment of the country & BBs implemented tactics to support the sector moreover as his significant.He also said about their target for the current fiscal of SME loan value Taka 2034 crore in seven districts. Deputy Governor Abul Kashem recommended working with the prominent silk sector to give it a new life. And he also recommended taking the initiatives for the utilization of its presented possibilities. Making much use of labor & suitable investments in SME sector endorsing successfully could be assuaging poverty, producing employment & overall progress for countries economy. General Manager of Rajshahi Krishi Unnayan Bank Abdul Khaleque Khan, Executive Vice-president of Islami Bank Limited Habibur Rahman, and Executive Vicepresident of National Bank Limited Washif Ali Khan and Senior Vice-president of South East Bank Limited Ariful Haque Kumar also attend the meeting & give their opinion. Deputy Governor Abul Kashem explained that the employment production and blue-collar industrialization could be possible through proper investment in organization and growth of SMEs to achieve sustainable economic progress and GDP growth and expansion of potential entrepreneurship.He describe about various characteristic of SMEs on the way to economical development of the country & government also take effective schemes for SME enlargement plus basic guidance & information technology. He insists on the local entrepreneur to come forward & take hold of the initiatives to solve the economical problem of the country. On the event, Taka 5.63 crore SME loans were distributed among 37 entrepreneurs, including 18 women.

Source: The Financial Express, Date: 18 June 2012