ASHANAK LOAN
Due to the multiplicity of the beneficiaries’ needs, and to be able to continue meeting and serving them, we designed “Ashanak” loan for you, to enable beneficiaries who received financing or new people with project ideas who would wish to receive financing to benefit from a certain amount to establish or start a project and can benefit from the loan to cover the needs of the beneficiaries in order to improve their livelihood.
Loan Features
- Loan amount: 400 to 2,000 JODs
- Loan term: 4 to 24 months
- Monthly “interest” ratio: 1.5% – 1.75% according to the beneficiary’s cycle
- Yearly “interest” ratio: 18% – 21% according to the beneficiary’s cycle.
- Other features:
- Beneficiaries are eligible for the Afiyatuna Microinsurance Program
- Subscription to the “Tatbiq Tibbi” service
- Company’s terms and conditions apply
Illustrative Example
Amount
1500
JOD
Number of Months
12
Months
Monthly Installment
149.4
JOD