6 months

Min. Investment

৳ 10,000

Projected ROI

15% per annum

Risk Grade



Shonkhochil is looking to raise funds for construction of a shed where they can manufacture products using their own machines. Their nokshi (নকশি) products include unique items consisting of handloom cotton embroidery work, two-piece cotton embroidery work etc. Your financing will help them manufacture jute-based and other new products.
This is a halal “buy-and-sell” (Murabaha) campaign, and investors will be able to enjoy an ROI of about 15%* (annualized) for an investment period of 6 months.

*subject to investment risk (details below)

Nilphamari, Bangladesh


৳ 505,000 Raised
৳ 0 Being Processed
0 Days Left
Goal: ৳ 500,000
The campaign is successful.
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The Business

Accordion Content

Shonkhochil started operations in December 2020 with traditional Bangladeshi crafts. By training underprivileged women in remote areas, they have been working to expand the domestic and foreign markets of handmade products through beautiful designs. As a result, they have created employment opportunities for many women.

Shonkhochil ‘s nokshi (নকশি) products include unique items consisting of handloom cotton embroidery work, two-piece cotton embroidery work etc. that they sell both online and offline. Though their primary point of sale is still offline, they have significant online presence through their Facebook page and Daraz store.

Shonkhochil recently became one of three winners among 2500+ applicants at Bangladesh Youth Enterprise Competition (BYEC) 1.0 which was organized by B’Yeah – a not-for-profit that is part of UK-based YBI. They have also been nominated for Unilever Bangladesh’s Rin Namkora Nari 2022.

They have been operating from a raw shed which restricts them from using expensive machines due to security reasons. Currently Shonkhochil ‘s funding requirement is for the construction of a shed which would enable them to manufacture jute-based and other new products as well as make a small showroom.



Explore:    Facebook Page   |    Daraz Store


Zarrin Tasnim is an educated entrepreneur who completed Alim in 2018 from Tamirul Millat Kamil Madrasa, Tongi. She is currently in her 2nd year of the Fazil program at the same institution.

Zarrin has previously done entrepreneurship development training from BSCIC (Bangladesh Small and Cottage Industries Corporation). At present, she is fully engaged with Shonkhochil Kutir.

Zarrin wants to expand Shonkhochil’s activities in the entire North Bengal region to create employment opportunities for underprivileged women and to establish Shonkhochil as a brand both nationally and internationally.

  • Educated founder with passion and creativity
  • Expanding business through unique products
  • Creating employment opportunities for underprivileged women
  • Received mentorship from business experts

The Contract

Accordion Content

The investment is for a period of 6 months, from September 2022 to February 2023.

Projected ROI (for the duration of the project): 7.5%
Projected ROI (annualized): 15%

biniyog.io will NOT charge the investors any fees for this service. 

Example: if someone invests BDT 100k in the project, he/she can expect to receive a total of BDT 107.5k by March 2023.

  • Investors will go into a Murabaha agreement (sale contract) with Shonkhochil for construction-related products
  • It will be a “buy-and-sell” process where investors will first buy products through biniyog.io. Shonkhochil will then buy those items from investors on credit and pay the amount after 6 months.
  • biniyog.io will act as an agent for the investors and buy the products, take necessary ownership and risk of asset possession on their behalf, and then sell to Shonkhochil.
  • biniyog.io has proposed a price to Shonkhochil for the products after considering 7.5% profit on actual cost of product procurement. Shonkhochil has agreed to it.
  • Investors can expect to get their returns by March ’23

Shariah Compliance

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Investors appoint biniyog.io as an agent to deal on their behalf (Wakalah) and invest into the business through buy and sale of assets under an advanced buy-and-sell (Bai’ Murabaha) agreement.

biniyog.io‘s Shariah advisors have approved the basis and application of this Bai’ Murabaha contract.

Potential Risks

Accordion Content
  • Pricing: Due to increase in fuel prices, production costs across all industries have been impacted. Shonkhochil Kutir’s purchase prices have already increased, and they will manage it by adjusting the selling price of the products. They may still be competitive because they are already selling at a much lower rate than existing brands and getting regular orders through multiple channels.

  • Sales: The business gets orders from a number of channels including Facebook page, personal messages and Daraz store which indicates that they are not dependent on a specific type of customer. Sales volume has been pretty consistent throughout with occasional spikes so this is the right time for them to expand in small steps. 

  • Credibility: biniyog.io has received good feedback about the business from B’Yeah, which gives them good reference score. Shonkhochil will be receiving BDT 3 lac grant from B’Yeah which they will utilize to construct part of the shed.

  • Expansion Plan: biniyog.io has visited the business premises in Nilphamari and saw the land on which the shed will be built. It should generate good returns and help take the first steps for expansion if executed properly. 

biniyog.io will buy the products on behalf of investors first and secure ownership. The products will then be handed over to Shonkhochil within a very short time frame.

Shonkhochil would have the right to reject the product due to quality etc. The risk is expected to be minimal since Shonkhochil themselves will be choosing the items before biniyog.io buys them.

This is a necessary risk to ensure Shariah compliance of the transaction.

biniyog.io has done in-house analyses of the projected returns of the business, and they are expected to be able to repay on time.


Please note that the business may be given an incentive in the form of a discount on early repayment, which can only come in effect if the investors agree.

Following example is an illustration:
If the business repays within 4 months, the markup profit can be 6% (instead of 7.5%). This benefits both parties – the business has to pay back less and investors get their money back faster at a higher annual rate of return (e.g. 6% in 4 months means 18% per annum)

Shonkhochil will share an instalment cheque with biniyog.io. A personal guarantee security cheque will also be kept from the business owner.


This investment opportunity is based on a first come first serve basis. Your investment is secured only after your transfer-proof has been received. If the investment quota is already filled, your transferred amount shall be returned.

Return of your capital is NOT guaranteed. Investment, by default, requires a risk appetite. Past performance is not a guaranteed indicator of future outcomes.

biniyog.io only acts as a consultant to the investor and the business, and does NOT manage funds for any party.

biniyog.io does risk assessment to a certain extent, but will NOT be liable if the business does not perform as per expectation.

For any questions, please use the chat icon on the right or leave a message.

  • 25-08-2022

    This campaign is now live on biniyog.io!

    The funding campaign has started. The target is BDT 5 lac with a maximum stretch goal of BDT 7 lac.