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The National Self-Employment Program (INHAD)

This program provides concessional financing, technical support, and training


This program is dedicated to provide appropriate financing for projects of entrepreneurial youth category, so it provides concessional financing, technical support, and training in line with the Royal vision to fight unemployment amongst young people by promoting a self-employment rather than employment approach, and enabling them to establish development projects that provide them with an income source and provide job opportunities, and that according to the criteria and steps to join within the program to provide integrated technical and financial services.

Beneficiaries

  • Those with a certificate of accession to the National Self-Employment Program (INHAD).
  • Graduates of the training and employment programs of the Ministry of Labor, graduates of the National Self-Employment Program, and graduates of vocational training centers.
  • Existing youth-owned projects that are no more than 5 years old from the date of official registration, provided they obtain a certificate of accession to the National Self-Employment Program "INHAD."

Interest rate

(4.5%) without commission.

Financing ceiling

Up to (250,000) JODs.

Financing ratio

Up to (100%) of the project value.

Loan term

Repayment period up to (7) years, including grace period up to (12) months as a maximum.

Guarantees

Promissory Note payable endorsed to the favor of CBJ which the loan requested represents 85% of the promissory note, in addition to any other extra guarantees from the customer on the light of assessing the client's credit worthiness.

Financing Objectives

All sectors, productive, service and technical development activities that generate income and provide job opportunities from small and medium enterprises, and the program does not include consumer and personal loans.


Required Documents:

  1.  Certificate of membership from the National Self-Employment Program (INHAD).
  2. Valid national ID.
  3. Company registration certificate for entities, valid profession license, practice profession license
  4. Project feasibility study from Productivity Enhancement Center “IRADA” – Ministry of Planning and International cooperation.

Note: The Bank has the right to request additional documents.



To apply
for the National Self-Employment Program (INHAD), please visit:

All applications are subject to Housing Bank terms and conditions.

Related FAQs

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Money transfers, Pay Bills, Request a Check book, Balance Inquiry, Interest and currency exchange rates, Inquiries about checks deposited in the account and checks drawn on the account, in addition to sending inquiries from the customer to the bank.

The Housing Bank is the ideal choice for clients of large, small and medium companies due to its ability to meet its customers' financing requirements, by providing a diverse and integrated group of banking products that meet their various needs, in addition to the extensive experience of the Relationship Managers in dealing with corporate clients from various sectors.

The Housing Bank has provided several options, in cooperation with local and external entities, to cover the needs of its customers from small, medium and large companies, and to help deal with the negative repercussions of the Corona pandemic, and to provide these companies with the necessary funding to conduct their business at competitive interest rates and flexible payment periods within various economic sectors, in a manner that ensures that these companies are able to maintain the functioning of their business, pay the salaries of their employees, and covering their various operating expenses.

The Housing Bank is the ideal choice for clients of large, small and medium companies due to its ability to meet its customers' financing requirements, by providing a diverse and integrated group of banking products that meet their various needs, in addition to the extensive experience of the Relationship Managers in dealing with corporate clients from various sectors.