Medad Financing
Financing up to 50,000 LYD
Microfinance for bigger growth. We work hard to provide the best services to our customers.
About Medad Finance
With knowledge, nations rise, and as part of Nama Tamweel’s endeavor to contribute to the development of the education sector and support private educational institutions in light of the increasing competitiveness in this sector, we designed MADAD financing for private educational institutions in the basic, middle, and higher education stages.
Target Audience
Private basic and higher education institutions seeking excellence by providing the best quality of services to their students.
Financing formula
Islamic Murabaha
Money Value
Up to 50,000 LYD
Monthly Installment
Up to 30 months
About Financing
From classroom supplies, to school laboratories, in addition to generators and air conditioners, Nama provides you with the needs of your educational institution with quick and simple procedures, and allows you to ensure the best educational experience is provided Good quality.
Conditions for Obtaining Medad Financing!
A valid activity license from the Ministry of Economy, in addition to a practice permit from the Ministry of Education.
Ownership/lease contract for the organization’s headquarters for a period of no less than one year.
Personal guarantees (a guarantor who will receive a regular salary and a promissory note).
Note:
It is not required to have a bank account with Ateeb to obtain Medad financing, but having you and your sponsor an account with Ateeb facilitates and speeds up the financing request procedures, and also gives you the opportunity to benefit from other Ateeb banking services.
Take Your Business to the Next Level
