Seasonal Loan
With minimal administrative fees and quick, easy procedures, Ibdaa Bahrain Microfinance Company offers small business owners the opportunity to purchase additional school supplies and pay in installments over 24 months, with repayment starting after the month ends.
Eligibility Criteria:
- The applicant must be at least 23 years old and not older than 60.
- The applicant must have a stable and continuous source of income.
- The loan must be used to purchase school supplies such as stationery, school uniforms, and related items.
Required Documents:
- A valid copy of the smart ID card.
- A copy of the passport or driver’s license.
- Latest salary slip for government employees.
- Salary certificate for private sector employees.
- Bank statement (last three months).