Individual loans

The group loan targets women who want to develop and enhance their businesses, whether it is a home based business or not, and whether it is a licensed or unlicensed business and need to obtain financing to enhance this business, and the number of group members participating in this loan need to be within the range of 2-4 members.

1. Loan amount (JOD) : From 425-1200 per member
2. Loan term (Months) : 8-24
3. Interest rate (Flat monthly): 1.9%
4. Payment date: 1st of each month
5. Account management fees:                                                                                                       

   Loan category (JOD)	Fees (JOD)
   Loans below 500	1
   From 500 - 1000	2
   For each 1000 or any fraction of it	3

6. Application fees (JOD) per member:                                                                                            

Other govermental fees:

1. General Sales Tax : 3%
2. Stamp income fees : starts from 1-15 JOD and calculated according to the loan amount.

Payment Methods:

1. In all our branches' outreach.
2. eFAWAteerCOM service through approved agents, cilck here for more information about agents' details.

In addition to this loan AMC povides the follwoing added value services:

1. Ashank loan top up with an amount of 25% of the disbursed group loan for all group members.
2. Free of charge access to annual bazzars which allow AMC clients to market their products and services.
3. Free of charge a attendance to financial litteracy and marketing workshops and awareness sessions.
4. Participation in national and international entrepreuners competitions which allow client to be exposed to new best practicies and prizes which add value to their projects and businesses.

Below are the required documents for Group loan:

1. Copy of the personal ID.
2. Copy of valid family book.
3. Update Proof of residence.
4. Proof of income.
5. Any other documents might be requested.