Are you a female entrepreneur that’s struggling with her startup’s growth? We all know how challenging it gets to get your business off its feet and, it’s even much more challenging to keep it kicking and running for a while. This is why Bahrain Development Bank in collaboration with Tamkeen introduces female entrepreneurs to its program: Riyadat Financing.
It’s designed to support startups owned by females and help them develop and grow by providing them with access to Sharia-compliant financing at a competitive profit rate, while Tamkeen subsidizes 60% of the annual nominal profit rate.
The amount ranges from BD 5,000 to BD 100,000 and can be repaid within 10 years. It’s open to any startup that’s owned and managed by a Bahraini woman.
To apply, contact Bahrain Development Bank at 17511111.
For more information about Riyadat, click here.