The program aims to provide financing for projects and production sectors to help them recover from the effects of the crisis and encourage growth through the following: 

• Preserving the sustainability of projects and businesses directly affected by the COVID-19 crisis, operating in areas such as tourism, agriculture, industry, services, information technology, renewable energy, retail sales, and other projects that contribute to enhancing the production cycle and providing employment opportunities.
• Establishing new projects, especially those led by entrepreneurs and experts, and encouraging the creation of new partnerships and building production chains.
•  Expanding production capacity by increasing production lines, developing and automating processes, and enhancing efficiency and quality.
• Establishing new projects and investing in renewable energy, agriculture, manufacturing industries, and waste recycling.
• Establishing and increasing employment opportunities in the services sector and investing in software and information technology.

 Financing Features: 

• Reduced interest rate of 3%.
• The financing ceiling is up to USD 300,000, depending on the project classification.
• Grace period up to 12 months.
• Repayment period up to 48 months. 

 Application Requirements for Existing Projects: 

• The borrower must be at least 22 years old.
• The applicant must own the project or hold at least 51% ownership, managing it personally for at least one year.
• The project should be registered with official departments, institutions, and associations, or possess tax documentation.
•  The borrower must not have overdue installments.
• The borrower must provide evidence of loan utilization for the intended purposes. Monthly income from the project or other family activities should cover the monthly loan installment.

 Banks Offering This Program: 

• Bank of Jordan
•  Palestine Investment Bank
• Palestine Islamic Bank
• Safa Bank
• National Bank
• Egyptian Arab Land Bank
• Arab Islamic Bank
• Cairo Amman Bank
• Housing Bank
• Arab Bank
• Jordan Ahli Bank
• Bank of Palestine 

 Financing Application Process: 

Applications for financing are submitted through the Monshati platform:

• You need to log in or create a new user account to apply for financing.
• Fill out the information in the financing application and attach the required documents.
• Track the application through the platform and follow up with the bank through which the financing application was submitted.