JEDDAH - Through its small projects finance program, Bab Rizq Jameel (BRJ), an initiative of ALJ Community Initiatives (ALJCI), financed 4,757 small projects owned by young males and females throughout the Kingdom during the year 2012.
Abdul Rahman Al Fihaid, BRJ executive director in Saudi Arabia, said "BRJ males and females divisions have financed 4,757 small projects in diversified fields, such as cartoon waste recycling, private school, aluminum cans, coffee shop for young people, silver and gold products design, wedding dress design, confectioneries and donuts production factory, beauty center and several other projects."
The small projects finance program provides support to young males and females who have existing projects or ideas for new project, feasibility studies and official licenses, and enjoy skills and experience in project management, but they lack financial resources. The program helps them to implement their existing or new projects through loans up to SR150,000.
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