DOING THINGS DIFFERENTLY To Make a Difference

Initiated in the year 2007, Enterprise Development Services (EDS) is a unique feature of BMI where support is provided to the under-priviledged to lift them out of poverty along with financial assistance . EDS is the “credit plus” component of BMI's strategy that places emphasis on developing a range of requisite skills of its target clientele.

BMI has separate dedicated unit for EDS which consists of Enterprise Development Officers in the decentralized branches in operation and are guided by the Head Office. BMI is proud to be one of just a handful of organizations which provide such services to the rural communities and is known to be the only MFI that delivers a dedicated EDS component that is on par with the credit facilities given to clients.

Accordingly, BMI engages in the provision trainings, business counselling, business follow ups, creation of market linkages, facilitation of business registration, provision of business information, facilitation of livestock insurance, initiating special income generating projects, appreciating and recognize entrepreneurs and enterprises and supporting to reduce environmental harm caused by enterprises.  

The trainings delivered by the trainers of BMI internal and external resource persons pool and other value added services provided by Enterprise development officers.  

In order to provide EDS training services, BMI has evolved a creative demand driven system through which clients pay for the services. BMI issues coupons with loans to utilize training services and value of the coupon without interest is paid to BMI with the loan installment. Borrowers or their family members can use those coupons for paying fees for EDS services as required by them or alternatively a client can offset the money paid for the coupon as the last installment of the loan repayment. Other services of BMI provided for clients as free of charge to improve the business also to sustain income sources. 

Since its inception in August 2007 and until 31st December 2016, BMI has conducted more than 7,089 training programmes for more than 136,000 training participants.