{"id":8168,"date":"2021-08-02T14:22:56","date_gmt":"2021-08-02T12:22:56","guid":{"rendered":"https:\/\/kenana-h.com\/loan-of-constructing-green-houses\/"},"modified":"2021-11-09T14:14:32","modified_gmt":"2021-11-09T12:14:32","slug":"loan-of-constructing-green-houses","status":"publish","type":"post","link":"https:\/\/kenana-h.com\/en\/loan-of-constructing-green-houses\/","title":{"rendered":"Development Fund loan to finance greenhouses"},"content":{"rendered":"\r\n<p>If you want to build a <strong>greenhouse<\/strong>, to take advantage of its many advantages and great financial return, but you are facing a problem in covering the costs required for the construction process.. Here is this article, through which we will learn about a loan<\/p>\r\n<p>strong&gt;Agricultural Development Fund dedicated to establishing greenhouses, and ways to obtain it..<\/p>\r\n<p>\r\n\r\n<\/p>\r\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_63 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">\u0642\u0627\u0626\u0645\u0629 \u0627\u0644\u0645\u062d\u062a\u0648\u0649<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-660ebe3dd196e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-660ebe3dd196e\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kenana-h.com\/en\/loan-of-constructing-green-houses\/#What_is_Development_Fund_loan_to_finance_greenhouses\" title=\"What is Development Fund loan to finance greenhouses?\">What is Development Fund loan to finance greenhouses?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kenana-h.com\/en\/loan-of-constructing-green-houses\/#Finance_and_Payment_Method\" title=\"Finance and Payment Method\">Finance and Payment Method<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kenana-h.com\/en\/loan-of-constructing-green-houses\/#Lending_Terms\" title=\"Lending Terms\">Lending Terms<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kenana-h.com\/en\/loan-of-constructing-green-houses\/#Conditions_for_lending_specialized_projects_to_individuals\" title=\"Conditions for lending specialized projects to individuals\">Conditions for lending specialized projects to individuals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kenana-h.com\/en\/loan-of-constructing-green-houses\/#Corporate_Project_Lending_Terms\" title=\"Corporate Project Lending Terms\">Corporate Project Lending Terms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kenana-h.com\/en\/loan-of-constructing-green-houses\/#Conditions_for_lending_association_projects\" title=\"Conditions for lending association projects\">Conditions for lending association projects<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kenana-h.com\/en\/loan-of-constructing-green-houses\/#How_to_get_funding\" title=\"How to get funding?\">How to get funding?<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Development_Fund_loan_to_finance_greenhouses\"><\/span>What is <strong>Development Fund loan to finance greenhouses<\/strong>?<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>\r\n\r\n<\/p>\r\n<p>The Development Fund of the Saudi Ministry of Environment, Water and Agriculture provides financing loans of up to $100 million.<\/p>\r\n<p>\r\n\r\n<\/p>\r\n<p>These funds aim to raise the efficiency of agricultural production in the Kingdom and contribute to achieving food security.<\/p>\r\n<p>\r\n\r\n<\/p>\r\n<p>These loans also include loans directed to small farmers, persons and companies wishing to establish developmental agricultural projects, targeted by the Kingdom&#8217;s agricultural policy.<\/p>\r\n<p>\r\n\r\n<\/p>\r\n<p>Among those projects are; Poultry production projects, dates manufacturing, <strong>construction of greenhouses<\/strong>..etc.<\/p>\r\n<p>\r\n\r\n<\/p>\r\n<p>Concerning greenhouse projects; The Agricultural Development Fund seeks to finance all the operational costs of establishing these houses, whether they are air-conditioned or not.<\/p>\r\n<p>\r\n\r\n<\/p>\r\n<p><a href=\"https:\/\/adf.gov.sa\/en\/CreditServices\/Loans\/Pages\/default.aspx\" target=\"_blank\" rel=\"noopener\">Other loans provided by the Agricultural Development Fund<\/a><\/p>\r\n<p>\r\n\r\n<\/p>\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Finance_and_Payment_Method\"><\/span><strong>Finance and Payment Method<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>\r\n\r\n<\/p>\r\n<p>As for the method of financing the Agricultural Development Fund for greenhouses; The value of the financing depends on the value of the loan that the project will need.<\/p>\r\n<p>\r\n\r\n<\/p>\r\n<p>Accordingly, projects whose cost will be 3 million riyals or less, will receive financing up to 75%.<\/p>\r\n<p>\r\n\r\n<\/p>\r\n<p>If the cost of the project exceeds 3 million riyals; The project owner will receive 75% financing for the first three million, and 50% for the rest of the amount.<\/p>\r\n<p>\r\n\r\n<\/p>\r\n<p>The fund allows for a payment period of up to ten full years, and the beneficiary gets a grace period, for two years from the date of signing the contract, after which the process of calculating and paying the installments begins.<\/p>\r\n<p>\r\n\r\n<\/p>\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Lending_Terms\"><\/span><strong>Lending Terms<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>\r\n\r\n<\/p>\r\n<p><strong>However, the Fund sets a set of conditions and papers required to be submitted, whether for lending to individuals, companies or associations, as follows:<\/strong><\/p>\r\n<p>\r\n\r\n<\/p>\r\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conditions_for_lending_specialized_projects_to_individuals\"><\/span><strong>Conditions for lending specialized projects to individuals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>\r\n\r\n<\/p>\r\n<ul>\r\n<li>Provide a certificate issued by the Ministry of Environment, Water and Agriculture, or one of the licensed laboratories, proving the validity of water and production quantities.<\/li>\r\n<li>An electronic copy of the project&#8217;s economic feasibility study, provided that it includes the financial and marketing studies for it.<\/li>\r\n<li>Submit a ministerial license, or a permit from the municipality to set up the project.<\/li>\r\n<li>In addition to the agricultural registry, issued by the Ministry of Environment.<\/li>\r\n<li>In case the beneficiary is a Saudi national, a copy of his national identity card must be submitted.<\/li>\r\n<li>The borrower must have completed twenty-one years of age.<\/li>\r\n<li>Submission of complete engineering plans for the project, and a survey survey from one of the approved engineering offices, including the coordinates of the project land.<\/li>\r\n<li>If the borrower had previous dealings with the fund, he must pay all the due installments, before applying for the loan.<\/li>\r\n<li>Provide the necessary guarantees, provided that the fund does not have any dues from the owners of those guarantees.<\/li>\r\n<li>The customer&#8217;s bank account (for the last six months), and his property and real estate.<\/li>\r\n<li>The customer&#8217;s signature on an acknowledgment that he agrees to inquire about his credit report by <strong>The Saudi Credit Bureau<\/strong>.<\/li>\r\n<li>And a similar acknowledgment that he agreed to inquire about his credit history by the Saudi Credit Bureau.<\/li>\r\n<li>Any document proving his possession of the project land, whether by ownership or lease.<\/li>\r\n<\/ul>\r\n<p>\r\n\r\n<\/p>\r\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Corporate_Project_Lending_Terms\"><\/span><strong>Corporate Project Lending Terms<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>\r\n\r\n<\/p>\r\n<ul>\r\n<li>Provide a certificate of water quality and production quantities.<\/li>\r\n<li>The company&#8217;s articles of incorporation.<\/li>\r\n<li>Commercial Register.<\/li>\r\n<li>The last 3 annual budgets of the company and its projects.<\/li>\r\n<li>A list of the names of the company&#8217;s board of directors.<\/li>\r\n<li>A letter signed by the company&#8217;s board of directors requesting the loan, and authorizing a person on his behalf to conclude the contract.<\/li>\r\n<li>A letter from the General Authority for Zakat and Income Tax.<\/li>\r\n<li>A license to practice the activity, issued by the General Investment Authority.<\/li>\r\n<li>In case of non-Saudi partners, copies of their passports are attached <strong>.<\/strong><\/li>\r\n<\/ul>\r\n<p>\r\n\r\n<\/p>\r\n<p><a href=\"https:\/\/kenana-h.com\/%d8%a3%d8%af%d8%a7%d8%aa-ddddd9% on Instagram 83% d8 d8%a 7% d8%a 7% d8%a7% d8%a 7% 84%d8%ad8%a9\/\">Learn about the ingredients needed to create a greenhouse<\/a><\/p>\r\n<p>\r\n\r\n<\/p>\r\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conditions_for_lending_association_projects\"><\/span><strong>Conditions for lending association projects<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>\r\n\r\n<\/p>\r\n<ul>\r\n<li>Cooperative societies need to provide true copies of the following documents:<\/li>\r\n<li>Certificate of water quality and production quantities.<\/li>\r\n<li>The minutes of the last two meetings of the association.<\/li>\r\n<li>The articles of association of the two associations, their rules and bylaws.<\/li>\r\n<li>Certificate of association registration with the Ministry of Labor and Social Affairs.<\/li>\r\n<li>A statement of the association&#8217;s capital, with an explanation of its activities in the previous period.<\/li>\r\n<li>A letter of endorsement from the Ministry of Environment, as well as the Cooperative Societies Council.<\/li>\r\n<li>The last 3 budgets of the association, which are approved by an accounting office.<\/li>\r\n<\/ul>\r\n<p>\r\n\r\n<\/p>\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_get_funding\"><\/span><strong>How to get funding<\/strong>?<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>\r\n\r\n<\/p>\r\n<p>If you want to get financing; You can visit the main center of the fund, or one of its branches..<\/p>\r\n<p>\r\n\r\n<\/p>\r\n<p><strong>The fund also allows its clients to communicate through the following means:<\/strong><\/p>\r\n<p>\r\n\r\n<\/p>\r\n<ul>\r\n<li>E-mail: invs.cr@adf.gov.sa.<\/li>\r\n<li>Phone number: 011-2118617.<\/li>\r\n<li>Fax: 2935689 \u2013011<strong>\u200b<\/strong>.<\/li>\r\n<\/ul>\r\n<p>\r\n\r\n<\/p>\r\n<p>In addition to <strong>Agricultural Development Fund<\/strong>; There are many Saudi banks that provide various financings for <strong>greenhouse projects<\/strong>, and other similar projects, whether for individuals, companies or other entities.<\/p>","protected":false},"excerpt":{"rendered":"<p>If you want to build a greenhouse, to take advantage of its many advantages and great financial return, but you are facing a problem in covering the costs required for the construction process.. Here is &#8230; <a class=\"cz_readmore\" href=\"https:\/\/kenana-h.com\/en\/loan-of-constructing-green-houses\/\"><i class=\"fa fa-angle-right\" aria-hidden=\"true\"><\/i><span>\u0627\u0642\u0631\u0623 \u0627\u0644\u0645\u0632\u064a\u062f<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":7336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[]},"categories":[1],"tags":[596,597],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/kenana-h.com\/en\/wp-json\/wp\/v2\/posts\/8168"}],"collection":[{"href":"https:\/\/kenana-h.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kenana-h.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kenana-h.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/kenana-h.com\/en\/wp-json\/wp\/v2\/comments?post=8168"}],"version-history":[{"count":1,"href":"https:\/\/kenana-h.com\/en\/wp-json\/wp\/v2\/posts\/8168\/revisions"}],"predecessor-version":[{"id":8169,"href":"https:\/\/kenana-h.com\/en\/wp-json\/wp\/v2\/posts\/8168\/revisions\/8169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kenana-h.com\/en\/wp-json\/wp\/v2\/media\/7336"}],"wp:attachment":[{"href":"https:\/\/kenana-h.com\/en\/wp-json\/wp\/v2\/media?parent=8168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kenana-h.com\/en\/wp-json\/wp\/v2\/categories?post=8168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kenana-h.com\/en\/wp-json\/wp\/v2\/tags?post=8168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}