The Social Development Bank is launching the Knve funding product for divorced women and widows
the social development bank, the knve producer, launched a funding ceiling of up to 30,000 rials, with no benefits or fees, targeting the most needy categories of widows and divorced women through funding to help them bear the cost and burden of life. the director-general of partnerships and marketing of the bank, professor noor al-abdalakirim, stated that the launch of the product was part of the care and support of the custodian of the two holy mosques and its under-secretary to ensure that women were given financial support to overcome current difficulties and develop their standard of living, as part of a vital and productive society, thereby improving the quality of life of those target groups, thereby helping to achieve their social well-being. slaverym shows that knve ' s funding product takes into account the need for divorced women and widows to support, as it will now be able to obtain funding through the knve product without requiring children and does not require a dependency instrument. alkarem indicates that knve producer is available on the bank website, where women are entitled to apply after meeting the terms and regulations of family finance, indicating that funding is provided without any benefits, amounting to 30,000 rials, easy premiums and a payment period of up to 60 months. the director-general of partnerships and marketing asserts that the bank is constantly reviewing its terms and conditions and periodically examining the possibility of developing appropriate and value-added products that serve the target group of citizens, in order to meet the needs of all its target groups without exception. since its establishment in 1391 until now, the bank has benefited 2.6 million citizens and citizens from the various services and products of the bank, with funding exceeding sar 105 billion in social financing and project financing. it should be noted that the social development bank is the country-wide broader economic empowerment portal, and those wishing to benefit from the bank ' s products and services can visit www.sdb.gov.sa
