Rowwad Foundation offers tailored financing solutions for the agricultural sector, designed to strengthen the resilience of Palestinian farmers and sustain their productivity on their land, while driving job creation and supporting sustainable economic growth.
Key Features
- Financing of up to USD 50,000.
- Competitive interest rate offerings.
- Flexible collateral requirements and terms.
- Convenient repayment terms.
- Grace period of up to three (3) months, (depending on the type and duration of the financing).
- Fast-track financing/ loan approval procedures.
Types of Financing
- Commercial Financing (Conventional)
- Islamic Financing
Financing Eligibility Requirements
- Proof of occupation/profession.
- Evidence of ownership (land ownership, lease agreement, or acceptable guarantee/collateral).
- 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 (in accordance with 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.