Ahli Microfinance Company seeks to provide the best financial services to its clients by adopting latest international and regional best practices in the field of microfinance, following the details of the individual loans that the company provides to its clients:
This loan is targeting individuals who need to finance their educational needs in all educational stages starting Kindergarten till postgraduate studies, in addition, to finance accredited certifications.
Individuals / customers with disabilities can benefit from all services and products provided by the company in line with internal policies.
Loan category (JOD) | Fees (JOD) |
Loans below 500 | 1 |
From 500 - 1000 | 2 |
For each 1000 or any fraction of it | 3 |
Loan category (JOD) | Fees (JOD) |
Up to 1000 | 20 |
From 1001 - 2000 | 40 |
From 2001 - 3000 | 50 |
More than 3000 | 60 |
Other governmental fees:
Payment Methods:
Illustrative Example:
Financing of 1200 JODs with a loan term of 12 months at a fixed/annual interest rate of 19.2%:
Calculating the effective interest rate (EIR) for the financing by calculating according to the following formula (EIR) = 1-12^(IRR+1)
In addition to this loan AMC provides the following added-value services:
Notes:
No active offers is offered currently.
Below are the required documents for Educational loan:
The group loan targets women who want to develop and enhance their businesses, whether it is a home-based business or not, and whether it is a licensed or unlicensed business and need to obtain financing to enhance this business, and the number of group members participating in this loan needs to be within the range of 2-4 members.
Individuals / customers with disabilities can benefit from all services and products provided by the company in line with internal policies.
Loan category (JOD) | Fees (JOD) |
Loans below 500 | 1 |
From 500 - 1000 | 2 |
For each 1000 or any fraction of it | 3 |
Loan category (JOD) | Fees (JOD) per member |
Up to 1000 | 25 |
From 1001 - 2000 | 40 |
Other governmental fees:
Payment Methods:
Illustrative Example:
Financing of 800 JODs for 2 members with a loan term of 12 months at a fixed/annual interest rate of 24%:
Calculating the effective interest rate (EIR) for the financing by calculating according to the following formula (EIR) = 1-12^(IRR+1)
In addition to this loan AMC provides the following added-value services:
Notes:
No active offers is offered currently.
Below are the required documents for Group loan:
This loan is targeting individuals who need to finance their needs as :
1.Consumer needs.
2.Home improvement, maintenance and renovation.
3.Environmentally friendly and energy saving systems.
4.Hospital services, medical supplies.
5.Furniture and household appliances.
6.Recruiting workers (maids and nannies).
7. Marriage.
8. Entertainment services.
Individuals / customers with disabilities can benefit from all services and products provided by the company in line with internal policies.
Loan category (JOD) | Fees (JOD) |
Up to 1000 | 20 |
From 1001 - 2000 | 40 |
From 2001 - 3000 | 50 |
Other governmental fees:
Payment Methods:
Illustrative Example:
Financing of 800 JODs for a repayment period of 12 months at a fixed/annual interest rate of 24%:
Calculating the effective interest rate (EIR) for the financing by calculating according to the following formula (EIR) = 1-12^(IRR+1)
In addition to this loan AMC provides the following added-value services:
Notes:
No active offers is offered currently.
Below are the required documents for Sanadk loan: