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IPDC, Truvalu team up to empower women entrepreneurs


Published : 28 Jun 2024 10:54 PM

IPDC Finance's women entrepreneur loan product, IPDC Joyee, has signed an MoU with Truvalu Bangladesh to further empower women entrepreneurs in Bangladesh.

This partnership between Truvalu and IPDC Finance PLC will support gender-focused enterprises under the Inclusive Growth: Gender Lens Investing (GLI) Programme in Bangladesh, reads a press release.

Implemented by Truvalu and supported by the Embassy of Switzerland in Bangladesh, the GLI programme aims to facilitate the growth of women-focused SMEs, startups, and impact enterprises through comprehensive capacity development and to promote gender-responsive financing in Bangladesh.

IPDC Joyee's participation in the GLI program underscores IPDC's commitment to promoting gender-responsive investing in Bangladesh.

The collaboration will provide extensive training and business development support, with sessions primarily held at 'Joyee 360', a sub-branch of IPDC specifically established to support women entrepreneurs.

IPDC Managing Director Rizwan Dawood Shams said, "This collaboration with Truvalu aligns perfectly with our mission to promote financial inclusion and gender-responsive investing in Bangladesh."  

The signing event was attended by key officials from Truvalu Bangladesh and IPDC Finance PLC., including Rizwan Dawood Shams, Managing Director of IPDC Finance PLC, and Ms. Sharawwat Islam, Managing Director of Truvalu Bangladesh.