CARPENTRY SECTOR
Commercial Product
1- Local Trade | ||||||||||
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The Idea | The product includes all commercial activities, including local trade, wholesalers and retailers | |||||||||
The Description | operating finance | |||||||||
Sector | commercial | |||||||||
Target Segment | wholesalers and retailers | |||||||||
Financing Formula | Murabaha or any other suitable Islamic formula | |||||||||
Financing Period | 6 – 24 months | |||||||||
The Grace Period | without grace period | |||||||||
Method of Payment | monthly | |||||||||
Conditions for Granting Funding | The presence of a site for the project (owning/rent/possessing/hosting
Commercial license or certificate of commercial activity | |||||||||
Target States | all states of Sudan | |||||||||
Financing Methodology | individual/group | |||||||||
Warranties | In the case of individual/partnership/group financing: guarantor check, compulsory project insurance, salary, pension, mortgage, etc.
In the case of associations: external guarantee checks from the three officers + a third party guarantee check + insurance + a check from the association’s account. | |||||||||
2- Solar Energy | ||||||||||
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The Idea | The idea is to buy and install solar panels in addition to all the services needed to connect energy to production projects (agricultural, animal, industrial and crafts) and residential areas. | |||||||||
The Description | capital financing | |||||||||
Sector | Determined by the type of sector the project is targeting | |||||||||
Target Segment | All segments of society that need this product | |||||||||
Financing Formula | Murabaha contracting Or any suitable Islamic formula | |||||||||
Financing Period | 24 months max | |||||||||
The Grace Period | Installments are not calculated until after the final receipt of the project | |||||||||
Method of Payment | monthly | |||||||||
Conditions for Granting Funding | Bring a certificate of ownership for the client / lease or possession contract.
Bring a contractor. – The presence of a consultant to obtain a certificate of completion (the client bears the costs of the consultant). | |||||||||
Target States | all states of Sudan | |||||||||
Financing Methodology | individual/group | |||||||||
Warranties | In the case of individual/partnership/group financing: guarantor check, compulsory project insurance, salary, pension, mortgage, etc.
In the case of associations: external guarantee checks from the three officers + a third party guarantee check + insurance + a check from the association’s account. | |||||||||
3- Productive Families | ||||||||||
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The Idea | The product includes (making of baked goods, foods, knitting, embroidery, home farming, meat processing, workshop, mincers and grinders, ceramics, palm leaves…etc). They are production activities that are practiced inside or near the home. | |||||||||
The Description | Capital financing and operating financing. | |||||||||
Sector | Determined by the type of sector the project is targeting | |||||||||
Target Segment | Determined by the type of sector the project is targeting | |||||||||
Financing Formula | Murabaha: Operating Financing Contracting: capital financing any Islamic formula is suitable | |||||||||
Financing Period | 24 months max | |||||||||
The Grace Period | Depending on the nature of the project | |||||||||
Method of Payment | Monthly/periodic/end of term | |||||||||
Conditions for Granting Funding | Activity practice certificate. | |||||||||
Target States | all states of Sudan | |||||||||
Financing Methodology | individual/group | |||||||||
Warranties | In the case of individual/partnership/group financing: guarantor check, compulsory project insurance, salary, pension, mortgage, etc.
In the case of associations: external guarantee checks from the three officers + a third party guarantee check + insurance + a check from the association’s account. | |||||||||
