إمكانية وصول الأشخاص ذوي الإعاقة

الذهاب الى صفحة فروعنا
تجاوز إلى المحتوى الرئيسي
تجاوز إلى القائمة الرئيسية
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خلفية صفراء ونص أسود
خلفية سوداء ونص أصفر

Financial inclusion is a set goal for The National Microfinance Bank to be achieved by providing financial services to active and prospective clients. Participating in agricultural development as a way to combat hunger through a new bithar loan product specifically in rural areas and areas of poverty pockets. Offering Agricultural businesses financial services during these times will lead to sustainable development and an affirmation of the role of Microfinance in the economy.

  • Target Audience:

Farmers and Agricultural businesses that have land or cattle that are in need of supporting their businesses whether new or reoccurring as long as the regulations permit.

 

Target Audience

Farmers and Agricultural businesses with land or cattle or seasonal business for the purpose of buying agricultural produce whether crops or animals as well as nourishment projects.

Amount for Loan

500-3500 JD

Loan Description

Bithar (A)

Bithar (B)

Bithar (C)

Loan limits

500-1000 JD

1001-2000 JD

2001-3500 JD

Repayment Period

20 months

26 months

36 months

Payment Methods

Monthly/Quarterly/Lump Sum

Monthly

Monthly

Grace Period

1 Month

1-3 Months

1-3 Months

Pricing

19.8% Annually

1.65% Monthly

19% Annually

1.583 Monthly

18% Annually

1.5 Monthly

Postponements

Upon approval from Branch Manager based on timely payments and proof of incapability by applying for Postponement.

Debt Burden Ratio

55% calculated by dividing all payments with total income

Grace Period Fees

No of days (from loan transfer or cheque issuance until grace period)/360*loan amount*interest

Disbursement Fees

Loan Amount

Deduction from Cheque for every payment beginning from cheque issuance

500-2000 JD

1 JD for every monthly payment

2001-3500

2 JD for every monthly payment

Penalties

Up to 0.003% daily from the amount of repayment and/or due payment for every day of delay with a min. of 1JD daily for every day of delay from paying a repayment of a portion of a repayment when due.

Payment Methods

Mobile application

e-fawateercom

Banks (Housing Bank & Kuwaiti Bank

Branches (cash or cheque)

Approval

According to lending rules and regulations and credit checks using available means

Warranties

Listed below:

500-1000 JD

1001-2000 JD

2001-3500 JD
  1. 2 Personal guarantees
  2. Proof of income For one of the guarantors or the customer for loans from 801-1000 dinars
  3. The client's financial data, the income statement.
  1. 2 Personal guarantees
  2. Proof of income One of the sponsors, whether the customer is new or returning.
  3. The client's financial data, the income statement.
  1. 2 Personal guarantees
  2. Proof of income for guarantors.
  3. Client's financial data (project budget and income statement).

Documentation
  1. Basic Paper work to the client and guarantors.
  2. Proof of income For one of the guarantors or the customer for loans from 801-1000 dinars
  1. Basic Paper work For the first and the second guarantors.
  2. Proof of income One of the guarantors For loans granted up to a ceiling of 1,300 dinars, and to attach proof of income for the guarantors (depending on the nature of the work and in accordance with the guarantee policy).
  1. Basic Paper work For the first and the second guarantors.
  2. Proof of income For guarantors (according to the nature of the work and according to the guarantee policy).
  3. Pictures of the Project
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