The informal sector and Micro, Small, and Medium Enterprises (MSMEs) have long been the unsung heroes of waste collection in Bangladesh. However, they face significant barriers that limit their growth and impact, including opaque supply chains, lack of access to technology, and critical funding shortages.
At JAYQO Recycle Hub, we recognize that our success is intrinsically linked to the success of our MSME partners. Our model is designed not just to transact with them, but to empower them.
Formalization and Fair Value
By bringing MSMEs into our formalized cluster, we provide them with a reliable, transparent market for their collected materials. They receive fair, consistent pricing based on quality, which is assessed transparently through our ERP system. This stability allows them to plan and grow their businesses with confidence.
Access to Services
Many MSMEs struggle with the administrative and logistical burdens of running a business. Through the JAYQO portal, our partners can digitally apply for a range of support services that are often out of reach:
- Logistics: We offer coordinated and subsidized transportation services.
- Documentation: We assist with the necessary permits and paperwork, ensuring compliance and legitimacy.
- Financial Incentives: We advocate for and help facilitate access to green investment loans and subsidies.
- Merchandising & Export: For MSMEs involved in later stages of production, we offer support in reaching local and international buyers.
By removing these bottlenecks, we enable MSMEs to focus on what they do best: collecting and processing textile waste. This integrated support system not only improves their livelihoods but also strengthens the entire circular supply chain, creating a more resilient and prosperous ecosystem for all.