Debt Funding
Debt Funding
Target Amount
Annualized Return
Purchasing Mitsubishi Fuso Rosa 26 seat bus for transportation of employees.
Management
Jibal Jaealuni is an Individual Merchant business owned by Ms. Atiya Al Aamri, (43 years old) and spearheaded by Mr. Sulaiman Al Aamri (54 years old), authorized signatory, and the husband of the business owner.
Business
The business specializes in renting of construction and demolition equipment and has been operational for 10+ years, since 2014.
Character
Ms. Atiya Al Aamri, as the business owner, has been running the business for last 10 years with her husband Mr. Sulaiman Al Aamri (54 years old), authorized signatory.
Capital
Ms. Atiya Al Aamri personal Mala' report And the Firm does not have show any debt obligations.
Capacity
Based on review of credits from the bank statements furnished, annualized turnover of the business is approximately RO 60,000/-
Collateral
Security cheques and Mitsubishi Fuso Rosa bus, 26 seats, valued at RO 25,000/-
Conditions
The loan is repayable in 72 months at 6.70% interest p.a. with an EMI of RO 389/-