With a focus on empowering persons with disabilities and enabling their effective integration into the labour market, Rowwad introduces a dedicated financing program designed to unlock economic opportunities and support efforts to reduce unemployment within this segment.
Key Features
- Financing of up to USD 12,000.
- Competitive interest rates.
- Flexible collateral requirements and terms.
- Convenient repayment period.
- Grace period of up to three (3) months.
- Fast-track financing approval procedures.
Types of Financing
- Commercial Financing (Conventional)
- Islamic Financing
Financing Eligibility Requirements
- Verified medical documentation issued by the Ministry of Health.
- Proven experience in small business operations and management.
- Existing project for development or a new project supported by a feasible business plan.
- Fulfilment of the applicable terms and conditions of the PBI's credit policy.
Collateral / Guarantees
Rowwad accepts a diversified range of collateral and guarantee instruments, subject to the borrower’s repayment capacity, including but not limited to:
- Post-dated cheques / monthly promissory instalments aligned with the financing/loan repayment schedule (As per Rowwad’s policy).
- Financing / loan agreement.
- Duly executed promissory note (debt instrument).
- Personal guarantees (sureties).
- Gold pledge as collateral security.
- Any other acceptable forms of collateral.
