Aqaba Lending: One Million Dinars in Funding for 150 Farmers and Increased Funding for Agricultural Areas

He added that the institution pays great attention to sustainable development and supporting farmers, especially in areas with special agricultural characteristics in Aqaba Governorate, noting an increase in the funding percentage for the areas of Al-Qaweira, Wadi Rum, and Wadi Araba, which contributes to the development of the agricultural sector in the province.

He explained that the focus of farmers is concentrated on animal projects, including camel and sheep breeding, which are among the most suitable projects for the nature of the region and its weather factors, in addition to home manufacturing projects, such as soap, scented candles, and dairy products.

He pointed to a great interest from the general administration of the institution in targeting young people and encouraging them to establish entrepreneurial projects, which contributes to providing job opportunities and helping to reduce the unemployment rate.

He explained that the institution's branch in Aqaba is characterized by funding a number of projects that are suitable for the nature of the province, including camel breeding, fish farming, reclamation of agricultural lands in the Wadi Araba desert, and renewable energy, noting that studies indicate that these projects have high chances of success, especially in light of the suitability of the weather and soil factors in the region.

He explained that camel breeding is one of the successful projects in the province, explaining that its funding is based on a feasibility study of the project by lending officers, and a study of the farmer's experience, costs, ways to succeed and sustain the project.