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Last Modified 23 March 2025

Sahem Loan

An electronic service for applying to the "Sahem Loan" product, a financing solution tailored to support cooperative societies seeking to improve the economic and social conditions of their members through profitable activities.

contributed financing

  • Finance up to 10 million ♦
  • The repayment period is up to 7 years 
  • Grace period up to 18 months
  • Flexibility in payment mechanism
  • Nominal fee
  • Additional financing according to the product policy
 

  • The entity requesting funding must be registered with the Ministry of Human Resources and Social Development
  • The entity must have a qualified and independent board of directors
  • To have a headquarters in the geographical area in which it provides its services
  • The project to be funded must be within the objectives and activities of the association specified in its approved bylaws
  • To commit to providing all financing requirements required by the product

  • A valid license from the relevant authority.
  •  The decision of the beneficiary entity’s Board of Directors to approve the establishment of the requested project and to approve the financing request from the bank.
  • Acknowledgment of providing the self-contribution and guarantees required by the product
  • Attach a copy of the minutes of the general assembly meeting authorizing the Board of Directors to invest
  • Decision to appoint members of the current Board of Directors
  • Approved financial statements for the last two years (if available)
  • A copy of the entity's basic regulations, which must stipulate the possibility of mortgage if presented as security
  • An economic feasibility study for the project
  • Title deed or lease contract for the land on which the project will be built
  • Any additional documents or financial data required by the product
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Target:
Cooperative societies
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Beneficiaries:
New product
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Fees:
1% administrative fee 
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Availability:
24/7
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SLA
43 Working Days
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Channels:

   

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Language:
Arabic
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Service start date

2019 

Customer Service:
 Phone 
 920008002 
Email 
 care@sdb.gov.sa 
info
Internal strategic engagement

The “Sahim” product is linked to one of the bank’s strategic objectives: Developing and strengthening the microfinance system.

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International strategic engagement

The “Sahem” financing product intersects with the first, second and seventeenth goals of the sustainable development goals.
It can be viewed here

Product features


Financing ceiling

Financing ceiling

Up to 10 million ♦

financing period

Financing period

Up to 7 years

payment method

Payment method

Flexibility in payment mechanism

fees

Fees

1%

the grace period

The grace period

Up to 18 months

Customer journey


apply

Apply

eligibility check

Eligibility check

processing

Processing

exchange

Exchange

Any Question Banner
Do you have any questions?

If you have any questions about the Contributed financing, please see the questions:

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