Under the MoU, IPDC will provide loans prioritizing stimulus packages to CMSMEs, which are merchants of the latter organization
To support cottage, micro, small and medium enterprises (CMSMEs) sustain their businesses during the Covid-19 pandemic, IPDC Finance Limited is providing Stimulus Loans to CMSMEs in collaboration with Ajkerdeal.com.
To initiate this collaboration, IPDC signed a memorandum of understanding (MoU) with Ajkerdeal.com said a press release issued by IPDC on Sunday.
Under the MoU, IPDC will provide loans prioritizing stimulus packages to CMSMEs, which are merchants of the latter organization, the release added.
IPDC has already disbursed these stimulus packages to the first batch merchants of Ajkerdeal.com recently, the release said.
Managing Director and CEO of IPDC, Mominul Islam said, "IPDC has always given back to the community, even more so now during this socio-economic catastrophe, as we feel obliged to stand by the businesses that are taking it the hardest."
"IPDC has been relentlessly working to provide Stimulus Loans to CMSMEs all over Bangladesh, placing its focus especially on non-metropolitan areas."
"The objective of collaborating with Ajkerdeal.com is to make this initiative more impactful and faster," added Mominul.
Deputy Managing Director of IPDC, Rizwan Dawood Shams said, "This sort of collaboration is ideal for reaching a wider network of CMSMEs and helping them get back on their feet through IPDC's initiatives."
"We are strongly invested in providing loans, especially the Stimulus Loans, to remain aligned with the authorities and the apex ban," added Rizwan
CEO of Ajkerdeal.com, Fahim Mashroor said, "Collaborating with IPDC is a great privilege for us. This initiative will greatly aid the small entrepreneurs working with us and help them overcoming economic challenges they have faced for the pandemic."
One of the beneficiaries of the stimulus loan from Ajkerdeal.com, Md. Almas, owner of Ahmed Trading International, said, "I thank the government of Bangladesh, IPDC Finance and Ajkerdeal.com for standing beside us. It is through such initiatives that we are strengthened to continue our journey."