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The Community Service Unit in cooperation with the Entrepreneurship Club organized a visit to the Social Development Bank in Al-Kharj on Sunday 20/3/1441.
The college delegation was received by Prof. Abdulaziz Abdullah Al-Quwizani, Director of the Social Development Bank branch in Al-Kharj, the meeting started by warm welcoming to the college guests and pointed out the services provided by the bank are. Savings. In addition to that, the Bank provides loans to finance SMEs with the aim of enabling citizens to play an active and influential role in development.
He also stressed that the business finance program aims to encourage qualified citizens to work for themselves in their enterprises, contribute to enhancing the role of small and medium enterprises in the national economy, and encourage economic activity in less developed regions.
In this context, the Bank Manager presented the most important business finance products, including: Incubator and business finance, emerging technology financing, dividend, fundamentals, solution, microfinance financing, mobile vending finance, start-up financing, alumni finance, and finance. Invention Projects, Financing Excellence Projects, and Franchising Program.
On the other hand, Al Quwizani stressed that the Bank is working with some strategic partners to work on developing and innovating a range of financing products to serve many members of the community.
The meeting also covered the students' inquiries on how to get interest-free loans, the method of repayment and the graduate support programs.
At the end of the meeting, the Director of the Social Development Branch thanked HE the Dean of the Community College in Al-Kharj. Hamad bin Abdullah Al Qumaizi to adopt such community initiatives aimed at equipping students with expertise and skills and to identify the needs of the labor market and how to obtain resources 7 for the establishment of small and medium enterprises. He stressed that the bank always welcomes graduates of the Community College in Al-Kharj to benefit from the bank's funding programs.