Khaberni - One of the local financing funds has recently imposed precautionary seizures on the salaries of approximately 6,000 individuals, whether they were borrowers or guarantors, due to their failure in paying accumulated financial dues resulting from group loans amounting up to 20 thousand dinars.
A source in the fund explained that the seizure included salaries, vehicles, houses, and even lands to collect the fund's financial dues from borrowers who were unable to meet their obligations. The source mentioned that these measures were based on a decision issued by the legal department, after completing the necessary administrative and legal steps in dealing with the defaulted clients who had obtained loans either to start projects or to develop existing ones.
The source noted that the difficult economic conditions have cast a negative shadow on the borrowers, leading many of them to be unable to repay, especially as some owe amounts that could reach thousands of dinars. This reality has significantly affected their financial commitment, prompting the fund to take these measures to ensure the collection of its rights.
In contrast, a number of affected citizens have requested the fund management to grant them an additional period for repayment, or to restructure the loans to suit the tough economic conditions they are facing, especially in the Madaba governorate. They added that many of these borrowers support families who fully depend on monthly salaries, whether from pensions or from working in vehicles or commercial shops. The seizure of these assets may lead to increased tension among citizens in the future amidst current living challenges.
