In recognition of its vital role in supporting and safeguarding the national economy, the Arabi Islami Bank has launched the "Edama" product as part of the National Loan Guarantee Program, in collaboration with the Central Bank of Jordan and the Jordanian Loan Guarantee Corporation.
The "Edama" Program aims to assist small and medium-sized enterprises in overcoming the
challenges posed by the COVID-19 crisis by providing financing with favorable terms.
The program offers financing at a reduced annual interest rate of 2% diminishing, for a period of up
to 30 months, helping these enterprises cover essential financial needs such as operational
expenses, working capital, and salaries.
Features
Reduced Interest Rate: Financing at a reduced annual interest rate of 2% diminishing.
Favorable Terms: Financing available for up to 30 months with flexible conditions.
Comprehensive Support: Designed to cover operational expenses, working capital, and
salaries.
|
Limit (JOD) |
Sectors |
|
20,000 |
Professionals and craftsmen |
|
50,000 |
Retail sector |
|
250,000 |
Wholesale sector |
|
250,000 |
Tourism sector except hotels |
|
1,000,000 |
Hotels |
|
500,000 |
IT |
|
1,000,000 |
Transformative Industries including agro-industries |
|
1,000,000 |
Transportation |
|
250,000 |
Healthcare Facilities except hospitals |
|
1,000,000 |
Hospitals |
|
500,000 |
Education and other services |
