Micro business Product


Target Audience
All Citizens 

Beneficiaries
49007

Service Fees
Nominal Fee

Strategic Engagement
Developing the microfinance sector and providing support to community associations and institutions in order to serve the targeted sectors.

International Strategic Engagement:
Micro Business Funding product intersects with the eighth objective of the United Nations sustainable development objectives.
It can be found here


Aims at Micro business funding' projects by encouraging them to engage in self-employment from home, and to exploit their abilities and skills in finding a permanent source of income.

About Product

The aim of this track/program is to present interest-free loans through collaboration with partner entities for micro sized enterprises in order to encourage them to practice entrepreneurship, craftsmanship and professions on their own and be self-employed. It also seeks to play the complementary coordinator so as to sponsor micro sized enterprises and productive families.



Funding Scope


The financing in this track does not exceed (50) fifty thousand Saudi Riyals.

Self-financing percentage
Non-compulsory

 

 Application requirements


  1. The beneficiary should be a Saudi national or a mother of Saudi children (a wife, a divorcee, or a widow of Saudi national) who legally resides in KSA.
  2. Allowed age range for both males or females is from 18 and to 65 years old. He/ she should be physically and professionally capable of operating the enterprise.
  3. The beneficiary shall undertake to manage the enterprise (for which he has applied to request funding) by himself / herself.
  4. The applicant should not have any financial obligations for commercial purposes be it bank loans or loans for any government entity or non-profit organization.
  5. The applicant should not have any other commercial enterprises.
  6. The applicant should not sponsor any manpower that is not relevant to the field of the enterprise for which he has applied to request funding. The number of the sponsored manpower should not be more than two workers.
  7. The place of residence and domicile of the applicant should be within the work scope of the partner entity.
  8. Passing the personal interview
  9. If the citizen is an employee, his /her salary should not exceed 5000 Saudi Riyals a month.
  10. Complying with the terms of the partner entity

 
To apply for a loan, contact the partner entity within the scope of the work entity.

List of branches

  1. Center for Supporting Productive Families / Jana/ Buraidah City
Tel.: 0163838438
 
  1. Center for Supporting Productive Families / Jana / Hail City
Tel.: 0165352949
 
  1. Center for Supporting Productive Families / Jana / Makkah Al-Mukarramah City
Tel.: 012398788
 
  1. Center for Supporting Productive Families / Jana / Al-Jouf City
Cell.: 0552757005
 
  1. Center for Supporting Productive Families / Jana / Al-Ahsa City
Tel.: 0135893518
 
  1. Center for Supporting Productive Families / Jana / Arar City
Tel.: 0146654991
 
  1. Center for Supporting Productive Families / Jana / Jizan City
Tel.: 0173242229
  1. Center for Supporting Productive Families / Jana / Al-Khobar Ctiy
Tel.: 0138425252
 
  1. Center for Supporting Productive Families / Jana / Al-Dammam City
Tel.: 0138425252
 
  1. Center for Supporting Productive Families / Jana / Yanbu City
Tel.: 0143980085
 
  1. Women’s Multipurpose Co-operative Society / Herfa
City: Buraidah
Tel.: 0163220631
 
  1. Fatat (Girl) Al-Ahsa Charity Society
City: Al-Ahsa
Tel.: 0135930421
 
  1. Majid Society for Community Development
City: Jeddah
Tel.: 0126062959
 
  1. Ajaa Women’s Charity Society
City: Hail
Tel.: 016538222
 
  1. Bunyan Women’s Charity Society for Family Development
City: Riyadh
Tel.: 0114943680

 
 

This content is currently available only in Arabic

 
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