Total Funding since
establishment
2817757

Daeem


Target Audience
community associations and institutions

Beneficiaries
New Product

Service Fees
Nominal Fee 

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


Financial sustainability of the non-profit sector

Is a developmental finance product in partnership between the Ministry of Labor and Social Development and Sulaiman Al Rajhi Development Finance Corporation; and the aim is to motivate NGOs and social development committees to diversify and sustain income sources.

Program goals

  • Providing financial support to the intermediary associations and institutions offering microfinance.
  • Providing non-financial support for traditional charity associations to help them build their capabilities and shift from sponsorship-based to growth-based business model


Partnership

  • Ministry of Labor and Social Development
  • ​Sulaiman Al Rajhi Development Finance Corporation
    
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