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Visiting the project site for evaluation

Estimated Time: 
about (30) minutes.
Location: 
The project's site.
Estimated Fee: 

None

1
  • Description
  • Procedures
  • Required Documents
  • Persons benefiting from the service
  • Files
  • Related Services

Conditions for obtaining service

First: General conditions and criteria related to the borrower:

  1. The applicant must be Jordanian.
  2. To be unemployed and have no registered enterprises.
  3. Has appropriate academic and practical qualification.
  4. The age of the borrower shall not be less than (18) years and not more than (60) years.

Second: General conditions and criteria related to the project:

  1. The project should be productive and economically feasible in the following fields: (industrial, craft, service, commercial, tourism, agricultural industry).
  2. The project should be income-generating and labor intensive for Jordanian labor.

 

Notes

None

Partner institutions:

•  Departments and institutions where the sponsor / sponsors work.

 •  Productivity Enhancement Centers (IRADA) if the amount of funding exceeds JD 7,000.

 •  The Department of Land and Survey in case of mortgaging the property as collateral.

 •  Social Security Corporation.

 •  Ministry of Industry, Trade and Supply or its directorates in the governorates.

 •  Greater Amman Municipality, other municipalities.

 • Commercial banks.

Procedures

  1. The Projects’ Officer visits the project site to verify whether it is suitable for the project or needs development.
  2. The officer shall fill-out the field visit form and document the visit on the borrower's file.
  3. The officer shall confirm the date of the borrower's revisit of the fund within a week, so that the Fund can complete the procedures, including the approval of the loan and its value.

Required Documents

None

Persons benefiting from the service

Borrowers and sponsors.

Files

No Found Files

Related Services

  • Refund the excess premiums
  • Quittance for a paid-off loan
  • Quittance for a paid-off loan or via branches
  • Receiving loan applications by citizens
  • Quittance for a paid-off loan or via headquarters
  • Financing charities and cooperatives
  • Issuance of account statement
  • Accessing the loans committees decision and completion of the loan procedures
  • Financing transportation means
  • Obtaining a new loan
  • Obtaining a loan for Entrepreneurial projects
  • Obtaining a loan for an existing project or development
  • Changing loans guarantees or replacing a personal guarantor
  • Changing a loan collateral Replacement of current sponsor with anew sponsor
  • Changing a loan collateral Replacement of mortgaged land or real estate property
  • The Directorate of Follow-up, Collection, Legal Affairs and Full Repayment
  • Visiting the project site to disburse the second installment
  • Training of targeted groups for employment in small enterprises
  • Signing the Agreement
  • Settlement of the loan over the same tenure with increased installments
  • Rescheduling the loan by extending the tenure
  • Other Financial Services
  • Handing over checks to suppliers
  • Financing unemployed youth
  • Establishing a loan file
  • Financing projects of poverty pockets residents
  • Financing people with disabilities
  • Financing college tuition

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