The program aims to provide financing for projects and companies operating in the health sector to achieve the following:
- Emergency response to confront the coronavirus ( COVID-19) and slow down its spread, including equipping medical centers to treat patients and those infected with the virus.
- Enhancing comprehensive healthcare services and clinical capacities dedicated to combating the coronavirus.
- Supporting essential treatment supplies such as respiratory devices, oxygen saturation monitors, and other equipment and supplies for treating coronavirus cases, as well as financing medications to avoid stock depletion.
- Developing pandemic risk assessment and control systems, including surveillance based on providing means for sample collection and testing.
- Providing diagnostic equipment in care centers, laboratory systems, diagnostic systems, testing tools, and other equipment and materials necessary for infectious disease testing and monitoring. Implementing and applying containment strategies, including intervention measures to address chronic infectious diseases.
- Securing hospitals with waste management services, electricity, water, and consulting specialists with medical expertise and sanitary supplies.
- Any other services aimed at developing the health sector.
Financing Features:
- Reduced interest rate of 3%.
- Grace period up to 12 months.
- Repayment period up to 48 months.
Application Requirements for Financing:
- The borrower must be at least 22 years old.
- 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.