“The Social Development Bank finances the projects of the first six entrepreneurs in Najran with 743 thousand riyals

The Social Development Bank signed a financial financing contract with the first six entrepreneurs in Najran, in cooperation with the partner “National Entrepreneurship Institute”, with a total value of 743 thousand riyals as part of the path of localization of the communications sector and its annexes.

The bank explained that the financial financing provided to owners of telecommunications sector projects included two projects for selling mobile phones and accessories and four for selling and maintaining mobile phones, indicating that the bank aims to support owners of micro-enterprises in the telecommunications sector and entrepreneurs at an investment cost of up to 200 thousand riyals without interest, in addition to The possibility of paying it in easy installments, with the provision of free training without any fees, and a repayment period of up to 6 years, including a grace period of one year.