We offer loans for fisheries with 0% interest rate to assist them in purchasing new/used boats, engines, spare parts, fishing items or for maintenance.
The maximum facility amount BHD 15,000
Who can apply:
- The applicant should be a Bahraini.
- The Applicant’s age should not be less than 21 years and not more than 55 years.
- The Applicant should hold a valid Fishing License issued by the Fish Wealth Directorate at the Ministry of Works, Municipalities Affairs & Urban Planning
Required documents: (Upon review of the documents, further documents might be required)
- Application form
- Benefit form
- Copy of Smart Card & details
- Copy of Passport
- Bank statements for six months.
- Quotation for the purchase required.
- Copy of Fishing License.
- Copy of Boat registration certificate.
- Assignment/ Undertaking for salary transfer of employed fishermen.
For applications backed by Guarantors:
- Application form
- Benefit form
- Copy of Smart Card & details
- Copy of Passport
- Bank Account statements for the last six months of the guarantors.
- Salary certificate and/or financial statements
- Assignment/ Undertaking for Salary Transfer.