Speakers at a workshop in Mymensingh on Monday emphasised access to finance for the small and medium enterprises of aquaculture sector for its smooth development.
USAID funded project Poverty Reduction by Increasing the Competitiveness of Enterprises organised the workshop at the Agro forestry Seed Production and Develop-ment Association Training Institute at about 2:30pm.
The speakers said that in recent years, micro, small and medium enterprises working in various sectors in the country progressed in several ways.
However, access to institutional finance remained a challenge for many of these institutions.
Limitations of custom-made financial credits and lack of information about these credits were hindering a smoo-th development of the sector.
Financial institutions and banks were also often unaware of the sector specific needs of the rural based aquaculture value chain actors and MSMEs to offer their best, they added.
They said that, to bridge this information gap, PRICE had facilitated the access to finance workshop for its aquaculture partner organisations operating in Greater Mymensingh.
Project director Muhammad Mahfuzur Rahman, also joint secretary of commerce ministry, Bani Amin, Abul Hossain, aquaculture and other officials of PRICE, all aquaculture sector partners of PRICE in Greater Mymensingh and the leading bank representatives were also present in the event.
Source : New Age
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