Published: Friday, April 19, 2013

Infoladies start their journey with bank loans

Sixty-eight Infoladies are going to start their new entrepreneurship with bank loans from this month.

These 68 Infloladies are selected from Gangachora (Rangpur), Gaibandha Sadar, Saghata (Gaibandha), Shariakandi (Bogra), Purbodhola (Netrokona), Kulaura (Moulovibazar)  and Anoara (Chittagong).

Dnet, a social enterprise, with funding from development partner Manusher Jonno Foundation (MJF) have established the Infolady model.

The model has been welcomed and highly appreciated by Atiur Rahman, governor of Bangladesh Bank at a national workshop. At the workshop the governor requested the commercial banks to provide easy loan programs with low interest rate for this ICT based entrepreneurship model for woman.

Later on National Bank Ltd signed a memorandum of understanding (MoU) to start an exclusive loan scheme for Infolady program with Dnet and Fair Price International (FPI) Pvt Ltd, the franchising partner of the model.

As a part of the Infolady Social Entrepreneurship Program (ISEP), Dnet and FPI started collecting online application through its website (www.infolady.com.bd) from rural educated woman.

During the first phase 683 female applicants submitted their application from eight Upazillas. At the initial stage 519 candidates were shortlisted and later 68 Infoladies were finally selected from the applicant pool.

These 68 Infoladies have received professional service oriented training to improve their efficiency with funding support form MJF.

To observe the activities and development of the Infolady loan program Shukomol Sinha Chowdhury the managing director of SME and Special Program, Bangladesh Bank will visit Infoladies of Rangpur and Gaibandha districts today. During this visit he will hand over loan checks and equipments to 25 Infoladies and inaugurate the loan program formally at the local National Bank Ltd branch.