• BIZ BRIEFS
KATHMANDU: Nepal's leading e-commerce platform Daraz has launched an NMB loan facility in partnership with NMB Bank.
This initiative, called Daraz NMB Sajilo Karja, provides sellers with easy access to collateral-free loans to help them expand their businesses and aims to enable new opportunities for growth, as per a press statement.
Daraz Nepal's Managing Director Aanchal Kunwar and NMB Bank's Deputy Chief Officer Govind Ghimire signed the agreement. One of the key features of Daraz NMB Sajilo Karja is the provision of collateral-free loans. This means that sellers can access much-needed funds without providing any kind of security or collateral.
This facility removes the traditional barriers that small and medium enterprises face when seeking financial assistance, thus opening the door to countless possibilities. Sellers on the Daraz platform can apply for loans up to Rs 500,000 as per their business needs. This loan amount enables sellers to invest in inventory, expand their product offerings, increase marketing activities and improve their overall operations.
To avail of the Daraz NMB Sajilo Karja facility, sellers can apply for an online loan by visiting Daraz Seller Centre.
A version of this article appears in the print on June 12, 2023, of The Himalayan Times.
