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Financing Productive Families

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Last Updated:2023/01/09 Gregorian
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Refundable financial support in an amount not exceeding 50,000 riyals provided through financing intermediaries supported by financing portfolios by the Development Bank to finance projects of productive families and owners of crafts and professions, both male and female.
Prodcut Features
  1. A financing ceiling of up to 50,000 riyals provided through financing intermediaries
    Financing period up to 36 months
    Payment method on a monthly basis
Product Conditions
  1. Issuing a certificate of productive families / self-employment document and specifying the project’s activity through the link: the national platform for productive families
    The age of the applicant is from 18 to 65 years
    The funded activity should be one of the activities of productive families approved in the regulations regulating the work of productive families
    That the applicant does not have a commercial registry
    The monthly income of the applicant should not exceed 10,000 riyals
Submit proof of residence acceptable to the bank
Providing guarantees according to financing requirements

Targeted
productive families

Number Of Ben
100K productive families

Fees
Free

Strategy
Financing productive families is linked to one of the Bank’s strategic objectives:
Facilitate access to financing products for self-employment and productive families.

International Strategy
Productive Families financing intersects with the first, 2nd, eithgth objective of the United Nations sustainable development objectives.From here

Language
Arabic

Channel Service
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User Guid
Can be viewed in Arabic Version

FAQ

Time to Response
24/7

Lunch Date
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