In a landmark move for financial inclusion, PriyoShop, Bangladesh’s leading B2B smart distribution platform, and Community Bank Bangladesh PLC have jointly disbursed the country’s first-ever AI-powered MSME credit. The historic event took place at the InterContinental Hotel Dhaka, attended by Asikul Alam Khan, Founder and CEO of PriyoShop; Dipty Mandal, Co-Founder and CMO of PriyoShop; and Kimiwa Sadat, Managing Director of Community Bank Bangladesh PLC, along with senior officials from both organizations.
This pioneering initiative marks the beginning of a new era for Bangladesh’s five million underserved MSMEs, enabling small retailers to access working capital faster, easier, and more inclusively than ever before.
Through this partnership, PriyoShop has introduced an AI-driven digital eKYC process that evaluates applicants using three critical data dimensions — demographic profiles, purchasing patterns, and psychological indicators — to generate real-time reliability assessments. This innovation goes beyond traditional banking evaluations, ensuring broader financial inclusion and accuracy.
The system leverages intelligent algorithms that analyze alternative data such as transaction histories and market trends, delivering instant, data-backed credit decisions. This allows MSMEs across both urban and rural regions to invest strategically, expand their inventory, and scale their businesses confidently.
“MSMEs carry the weight of our economy every day, yet remain underserved. With this first AI-credit disbursement, we are not just unlocking capital; we are unlocking futures,” said Asikul Alam Khan, Founder & CEO of PriyoShop. “Technology, when built with empathy, becomes a tool for dignity, growth, and transformation.”
“This partnership reflects our deep commitment to innovation and financial inclusion,” added Kimiwa Sadat, MD of Community Bank Bangladesh PLC. “By merging PriyoShop’s AI technology with our financial expertise, we are creating new pathways for MSME growth and Bangladesh’s economic prosperity.”
Retailer Nazrul Islam, the first recipient of the AI-powered loan, expressed his satisfaction: “Getting loans was always a nightmare — too much paperwork, too many rejections. Today, I received credit within minutes. This will help me stock up for the festival season. It feels like the system finally understands us.”
The AI-powered credit program is projected to disburse substantial loan volumes within its first year, driving MSME purchasing power, inventory expansion, and profitability. The initiative is expected to significantly contribute to Bangladesh’s GDP and strengthen the country’s $200 billion MSME economy.
By integrating fintech innovation, AI analytics, and inclusive commerce, PriyoShop is building the financial backbone for millions of small retailers — empowering sustainable growth and transforming Bangladesh’s entrepreneurial landscape.
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