Delivery of 14 vehicles to support self-employment in the Bisha branch

Tuesday-2020-09-01

As part of the efforts led by the Bank for Social Development to stimulate the free work of citizens able to work to create employment opportunities for citizens to increase their incomes, today, 27, 1441H, 17 August 2020, the Bank for Social Development, Piisha 14th Branch, delivered their vehicles with a financial value of 1.315.176 Ryal, in the presence of the Department of Bisha, Professor/Mad Bin Said Bin Spartah, and a number of State officials in the province.

In this regard, the Director of the Bank Branch of the Department of Bisha, Professor Mohamed Al-Jman, said that, as a result of the Bank ' s role in promoting financial autonomy for individuals through a package of financing products, which would contribute to the empowerment of citizens, an earlier entry into force product was launched as the first specialized financial producer to finance free work, indicating that the product targeted the unemployed or those with less than 14 thousand rials and wanted to engage in free work.
Al Jaman stated that, in the presence of the Governor of Bisha and a number of government officials in the governorate, a new boost to the delivery track had been delivered, with 14 pilots funded with a financial value of over 1 million and 300,000 rials, indicating that the route of transportation applications would bring young people and young women with adequate income leading them to financial independence and increased income.
Earlier, the Bank had announced the launch of a " window " product as the first specialized financing producer to finance entrepreneurship as part of the Bank ' s recently announced initiatives, with a funding amount of up to 150,000 rials, aimed at financing citizens from entrepreneurship, crafts and specialized skills, with 3500 pilots funded with a total value exceeding 300 million rials since the launch of the free-living product, early 2020.
It should be noted that the Bank is the largest and most effective funding portal for individuals and emerging and small enterprises, through a number of products and services provided by it and has benefited more than 3 million citizens and citizens since the Bank ' s founding in 1391, where support and funding exceeded 107 billion rials, and those wishing to benefit from the Bank ' s products and services can visit the website. http://www.sdb.gov.sa/