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  • Mega Aquarium Project: Applicant'S Name: Shafiqur Rahman Chowdhury

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    The applicant is requesting a 120 crore loan to build and operate the first mega aquarium in Bangladesh. The aquarium project is partially constructed, with 45 crore taka already spent. As collateral, the applicant is offering mortgages totaling 150 crore on his existing businesses. The loan term would be 8 years with a 6 month grace period and an interest rate of 8%. The applicant currently has two active loans from SIBL and no history of defaulting on loans.

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    The applicant is requesting a 120 crore loan to build and operate the first mega aquarium in Bangladesh. The aquarium project is partially constructed, with 45 crore taka already spent. As collateral, the applicant is offering mortgages totaling 150 crore on his existing businesses. The loan term would be 8 years with a 6 month grace period and an interest rate of 8%. The applicant currently has two active loans from SIBL and no history of defaulting on loans.

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    Mega Aquarium Project: Applicant'S Name: Shafiqur Rahman Chowdhury

    Uploaded by

    মোহাম্মদ তৌফিক
    The applicant is requesting a 120 crore loan to build and operate the first mega aquarium in Bangladesh. The aquarium project is partially constructed, with 45 crore taka already spent. As collateral, the applicant is offering mortgages totaling 150 crore on his existing businesses. The loan term would be 8 years with a 6 month grace period and an interest rate of 8%. The applicant currently has two active loans from SIBL and no history of defaulting on loans.

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    © All Rights Reserved
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    MEGA AQUARIUM PROJECT

    APPLICANT’S NAME : SHAFIQUR RAHMAN CHOWDHURY

    BUSINESS STATUS : Running 2 businesses (small) & New 1 (big)

    PROJECT AIM : Build & run a mega aquarium (First time in Bangladesh)

    LOAN VOLUME : 120 crore

    MORTGAGE : 150+ crore present valuation (70cr+35cr+45cr)

    EQUITY : 50% (40% Ready Construction+10% Balance)

    PREVIOUS LOAN : 18 crore, Two active loans in SIBL (Continuing)

    DEFAULTER : NO

    BANK INTEREST : 8%

    LOAN LENGTH : 8yrs of period with 6 months grace period

    REGISTRATION : Limited company

    BUSINESS LOCATION : Jhawtola, Cox’s bazar

    POSITIVE POINTS:
     First time a mega acqurium in BD
     Construction is partially built, already spent 45 crore taka
     Enjoying & continuing 2 loans from SIBL
     Start over two previous loans, transfer from SIBL

    LOAN REMARKS : The applicant is an authentic businessman & it’s an uniqe


    business first time Bangladesh.

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