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4 % Guarantees Provided by Kafala Program for Financing SR 153 Million Businesswomen Projects
Saudi Press Agency Published in Saudi Press Agency on 03 - 03 - 2014

The number of sponsorships approved by Kafala (Guarantee) Program for businesswomen within the program to ensure the financing of small and medium enterprises amounted to about 310 sponsorships since its inception in 2006 until the end of last year, out of 7,280 sponsorships constituted 4 % of the total guarantees approved by the program with a total value exceeding 153 million Saudi riyals, with a funding provided by the participating banks exceeding 325 million Saudi riyals.
This was announced by Kafala Program chairman Osama Al-Mubarak in a press statement today.

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