OMOUMI Public Vehicle Loan

With “Omoumi” loan, individuals who own and operate public transportation vehicles (such as taxis, buses, and vans), including employees of authorized smart-app transportation companies, can obtain financing to license, secure, and maintain their vehicles, allowing them to maintain their source of income.

Background

Loan Features

  • Loan amount: 800 JODs to 3,000 JODs
  • Loan term: 12 to 26 months
  • Monthly “interest”: 1.75%
  • Yearly “interest”: 21.0%
  • Other features:
    • Benefit from “Afiyatuna” micro-insurance program.
    • Subscription to the “Tatbiq Tibbi” service.
  • Company’s terms and conditions apply

Illustrative Example

Amount

1,150

JOD

Number of Months

12

Months

Interest

1.5 %

–

Monthly Installment

113

JOD