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.
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