Looking for diversification & development of projects implemented through microfinance polices, this project represents the first projects mainly introduced to develop the social support & services sector in the country.
Electricity Connection Projects directly targets citizens in different places around the country. Through agreement with Ministry of finance IRADA designed Mugawala product to finance such projects.
| Project Name & Features | Al-Shibilab Village Project | Eid Wad Dyab Village Project |
|---|---|---|
| No of beneficiaries/Family | 2483 | 660 |
| Finance Amount SDG | 11,327,040,.99 | 3,879,108.27 |
| Profit % per annum | 12 | 12 |
| Grace period/month | 4 | 4 |
| Project duration/year | 2.5 | 3 |
| Project location | Khartoum State | Khartoum State |
| Project State & Features | White Nile State | Al-Gazeera State | Khartoum State |
|---|---|---|---|
| No of beneficiaries/Family | 800 | 2000 | 625 |
| Finance Amount SDG | 5,331,745.56 | 10,000,000.00 | 3,941,060.88 |
| Profit % per annum | 12 | 12 | 12 |
| Grace period/month | 4 | 4 | 4 |
| Project duration/year | 1 to 3 | 1 to 3 | 1 to 3 |
