MAWSEMI Seasonal Loan

With every season comes new opportunities. The “Mawsemi” seasonal loan is a parallel loan for women who have existing projects being financed, to be able to benefit from growth, expansion, and increased production.

Background

Loan Features

  • Loan amount: 100 JODs to 200 JODs
  • Loan term: 10 months
  • Monthly administrative expenses “interest”: 1.45% reducing interest rate
  • Yearly administrative expenses “interest”: 17.4%  reducing interest rate
  • Other features:
    • Offered as a parallel loan to the Tadamoun Group Loan
    • Beneficiaries are eligible for Afiyatuna micro-insurance program (upon completion of the loan term, beneficiaries will retain coverage through Himaya life insurance)
  • Company’s terms and conditions apply

Illustrative Example

Amount of

200

JOD

Number of Months

10

Months

Interest

1.45 %

Monthly Installment

22.9

JOD