Saudi Arabia approves new financial settlement rules for corruption cases    IMCTC launches second phase of Sahel Countries Program in Niger    Riyadh Season 2024 attracts over 18 million visitors    Disaster happened in 'world's most controlled airspace'    American and father of youngest hostages among those due for release from Gaza Saturday    Palestinian born after father was jailed hugs him for the first time    FireAid: Stars take to stage for LA benefit concert    Singer and actress Marianne Faithfull dies at 78    Saudi, Russian foreign ministers discuss regional issues in phone call    MWL chief meets Italian president in Rome; thanking him for supporting two-state solution    Ettifaq sack Steven Gerrard after poor results, appoint Saad Al-Shehri as new head coach    National Cybersecurity Authority launches 2nd phase of Postgraduate Scholarship Program    GASTAT: Real GDP records growth of 4.4% in Q4 2024    Saudi Arabia launches inaugural Art Week Riyadh on April 6-13    HP is redefining the Future of Work with AI    Mona Lisa to be moved as part of major Louvre overhaul    Neymar bids heartfelt goodbye to Al-Hilal: I will always support you    Al-Nassr announces transfer of Brazilian forward Talisca to Fenerbahçe    SFDA chief rules out plan to ban sale of cigarettes or vapes    Al Hilal and Neymar mutually agree to part ways    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



BRJ finances 604 small projects in Makkah region
Published in The Saudi Gazette on 18 - 08 - 2011

In line with its small projects finance program, Bab Rizq Jameel (BRJ), an initiative of ALJ Community Initiatives (ALJCI), supported 604 small projects owned by young males and females during the first six months of 2011 in Makkah region.
Abdul Rahman Al Fihaid, BRJ executive director in Saudi Arabia, said “Makkah region includes Makkah and Jeddah branches, with its males and females divisions. In this region, we have financed 604 small projects in the fields of confectioneries, photography studio, fast food, medical equipment, football field, bricks production, beauty salon, and other several projects. The small projects finance program provides finance to young males and females who have project ideas, feasibility study and official licenses, and enjoy skills and experience in project management, but they lack financial resources. The program helps them to implement their existing or new projects through loans up to SR150,000.”
Hala Abdo, one of the program beneficiaries in Jeddah and the owner of wedding accessories and flower arrangement project, said that the first step throughout her project was through occasions of her relatives and friends. Hala started her project from her house with beautiful and lovely designs, then the idea was matured, but she faced financing difficulties. One of her friends advised her to approach BRJ, who provides interest-free financing services, and she did so. People at BRJ examined her documents, and agreed to finance her small project. “Currently, I am repaying the installments and saving some amount. BRJ has opened hopes and aspirations for me and for other young males and females of this blessed country.”
“Through Bab Rizq Jameel, we are seeking to create job opportunities for young Saudis. Upon doing so, we cooperate with several Governmental authorities, including the Human Resources Development Fund (HRDF), Credit and Saving Bank, branches of the Ministry of Labor, Social Charity Fund, Technical and Vocational Training Corporation (TVTC), National Commercial Bank and other bodies that support the programs to achieve their goals. A total of 509 projects in Jeddah and 95 projects in Makkah have been financed,” Al Fihaid added.


Clic here to read the story from its source.