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The Social Development Bank, a CNF producer, has set a funding ceiling of SR 30,000, free of interest and charges, targeting widows and divorced poor by providing them with funding to face up to costs and the burden of life.
The Bank's Director of Partnerships and Marketing, Noor Al-Abd al-Karim, said that QNF's financial product took into account the need to help divorced women and widows to provide for themselves.
She clarified that "Kanaf" is available on the bank's website, where women are allowed to apply once they have met the requirements for family financing. The financing is provided without interest and reaches 30,000 riyals in installments and per repayment period of up to 60 months.
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