Khaberni - The Economic and Social Institution for Military Retirees and Veterans announced on Wednesday the start of receiving loan applications for small productive projects within the "lending portfolio" for the tenth phase, beginning from Sunday, 14 until 31 December current.
The institution's general director, retired general Adnan Al-Raqad, said that the small project financing service is one of the most prominent services offered by the institution to the military retirees through interest-free benevolent loans that are compliant with Sharia law, allocated to support existing projects or those intended to be established.
He added that the loan program contributes to enhancing development and developing productive capacities, improving the living standards of this important segment of the nation's sons, in addition to its role in providing new job opportunities and reducing poverty and unemployment.
The institution invited those interested in benefiting from the lending portfolio to review the details and conditions and submit applications via its website www.esarsv.com, through the "small project financing" service within the electronic services portal, emphasizing that the application reception will continue for only 14 days and that no applications will be accepted after the specified period ends.
