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Taaleemi Educational Loan

[/vc_column_text][vc_column_text]We believe in the universal right for education and the importance of it as a catalyst for positive change. The Taaleemi educational loan is for students at all stages of their academic or vocational education, and may be used to cover educational expenses and tuition at all levels of learning, from vocational and training courses to graduate and postgraduate degrees.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row foundry_parallax=”not-parallax” el_class=”image-separator-small” css=”.vc_custom_1619685770433{background-image: url(https://www.microfund.org.jo/wp-content/uploads/2021/04/ta3lemi-image.jpg?id=758) !important;}”][vc_column][/vc_column][/vc_row][vc_row el_class=”financing_features_box”][vc_column][vc_column_text el_class=”financing_features”]

Loan Features

  • Loan amount: 350 JODs to 10,000 JODs
  • Grace period: up to 6 months
  • Loan term: 4 to 60 months
  • Monthly “interests”: 0.8%-1.3% interest rate
  • Yearly “interests”: 9.60%-15.6% interest rate
  • Other features:
    • Beneficiaries are eligible for Himaya Life Insurance.
    • Subscription to the “Tatbiq Tibbi” service .
  • Company’s terms and conditions apply

Grace period: the period given to the beneficiary when giving a loan, in which the beneficiary is exempted from paying the required monthly installments, while continuing to pay the administrative expenses only, and it usually ranges from one to six months.[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1618098622565{background-color: #eff8fc !important;}”][vc_column][vc_row_inner content_placement=”middle”][vc_column_inner width=”1/6″][vc_column_text el_class=”explanation_title”]

Illustrative Example

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Amount

2,675

JOD

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Number of Months

12

Months

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Interest

0.8 %

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Monthly installment

244.3

JOD

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