Somporko

Product
Summary

LankaBangla Finance opens the door for young, dynamic & innovative entrepreneurs by introducing the product Somporko. SOMPOKO is a loan facility for Start Up businessman/member of I am CMSME of Bangladesh who is involved in Cottage, Micro & small enterprises (defined as per Bangladesh Bank Prudential Regulations) such as trading, manufacturing, service, agriculture, non-farm rural activities, agro-based industries, and many other acceptable sectors spread all over Bangladesh.

Product
Features

• Facility Type : Term Loan
• Loan Amount:
  For Startup Business:
  Unsecured= 0.2 million to 1.0 million
  Secured= 1.1 million to 2.5 million
  For New Business:
  Unsecured= 0.2 million- 1.0 million
  Secured= 1.10 million- 2.5 million
• Qualification: The entrepreneur should present a certificate of successfully completing entrepreneurship training from any institution(s)accredited by BB
• Grace Period: 3 months for manufacturing concern.

What are the
Eligibilities

• Business experience : Minimum 1 month
• Age : Minimum 18 years & maximum 45 years

Required
Documents

• Copy of updated Trade License
• Photographs of Applicant and guarantor(s)
• Valid NID of Applicant and Guarantor(s) Trade License ,E-TIN
• Copy of Training certificate about Entrepreneurship
• Copy of Utility bill
• Rental deed copy

Apply
Online