Contribution of IDLC in addressing financial inclusion gaps in financing scheme accessibility

Abstract

This internship report provides a comprehensive overview of the experiences gained during my internship at IDLC Finance PLC in Product and Business Management (PBM)-SME department. The report is structured into three chapters: an overview of the internship, an analysis of the organization, and a project based on internship period. In the first chapter, I detailed the internship information, outcomes, contributions to the company, and the benefits and challenges faced during the internship. Additionally, recommendations for future internships at the company are provided based on the insights gained. In the second chapter, offers an in-depth look at IDLC Finance PLC, including overview of the company, and management practices. financial performance and accounting practices are analyzed through the calculation of ratios and industry and competitive analysis, providing a comprehensive understanding of the company's position in the market. The third chapter is the project part which is an exploration of various financing strategies employed by IDLC Finance PLC, particularly in refinance schemes and SME loans. Special attention is given to the challenges faced by women entrepreneurs in accessing loans and how IDLC Purnota is addressing these barriers. Throughout the report, insights into team dynamics, product management strategies, and the broader financial landscape are provided, reflecting on the invaluable learning experiences gained during the internship.