Jordan News

DEF to begin receiving requests for SMEs financing

shahennews

The Development and Employment Fund (DEF) has announced the beginning of receiving funding requests for small- and medium-sized enterprises (SMEs), as part of the fund’s efforts to encourage the establishment of income-generating projects in different sectors.

In a statement on Sunday, DEF Director General Mansour Wreikat said that the cost of the projects is determined within easy terms and guarantees, noting that soft loans of JD5,000 to JD75,000 will be provided with a grace period of 12 months and preferential Murabaha rates.

//Petra// RZ

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