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Financing Productive Families

Social Development Bank

The service that provided by the Social Development Bank, provide interest-free loans through the collaborators of micro-enterprises and craftsmen and professionals from the citizens to encourage them to carry out business and professions themselves and for their own account, and the bank acts as the complementary coordinator for the care of the micro-enterprise sector and the productive families to achieve the Bank objectives in economic and social development in the Kingdom.

Person
Citizen,Business
Target audience
Clock
30.0 Days(s)
Service duration
Channel
Portal,
Service channels
Price
Free
Service cost
  • Enter the national platform for productive families.
  • Obtain a productive family certificate.
  • Submit a financing request.
  • Issuing a productive family certificate, and specifying the project’s activity.
  • The applicant's age should not be less than 18 years and not more than 65 years.
  • The applicant should not have a commercial register.
  • The monthly income of the applicant should not exceed 10 thousand riyals, without activity income.
  • Provide proof of accommodation acceptable to the bank.
  • More in the Service user Manual.

Last Modified Date: 11/11/2021 - 12:58 PM Saudi Arabia Time

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