BRAC Bank Limited and SME Foundation signed an agreement to provide SME loan to the farmers and traders of Agar, a non-traditional export-oriented item for making scent. Under the agreement, BRAC Bank and the SME Foundation will partner to offer small business finance to Agar producers in Sujanagar Union under Borolekha Upazila, in Moulvibazar district. According to SME Foundation, Agar Atar Cluster in Moulvibazar earns BDT 600 million in foreign currency a year, employs around 45,000 people in around 350 processing factories. The financing by BRAC Bank will play a catalytic role in boosting the export earnings of the Agar Atar Cluster and facilitate diversification of the country's export basket.