MUSCAT: The Small and Medium Enterprises Development Fund (Inma) has started accepting new financing applications for 2025, offering a total allocation of RO 25 million across its branches in Muscat, Suhar, and Salalah.
Yahya bin Saleh al Siyabi, Inma’s Marketing Director, confirmed that the fund will maintain its existing financing procedures, with repayment periods extended to 8 years for most products. Loans range from RO 50,000 to RO 500,000, with large companies eligible for financing up to RO 1 million under Islamic financing principles.
Priority sectors for funding this year include tourism, services, infrastructure, transport, oil and gas, industry, and trade. Inma also offers on-site business monitoring, accounting support, and financial advisory services to help SMEs succeed. — ONA
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