Al Tadamun has launched the Individual Loan product at the beginning 2015 to support a diversified range of individual financing products. It started as a pilot project in four branches which are El Mataerya, West Shobra El Kheima, EL Haram and Dar El Salam. By the end of October 2015, Al Tadamun successfully reached 160 active clients with a portfolio of L.E 946,607.
The individual loan is based on clients’ actual needs and repayment capacity. Loan analysts study the client’s project by determining, verifying and critically analyzing business income, expenditure and outlook to ensure its capability to acquire the loan. By 2016, the new product will be implemented in all our branches.