The Ministry of Labor and Social Affairs has explained how its government loans work and who can apply for them.
According to ministry spokesperson Hassan Khawam, these loans are meant for unemployed people who are officially registered in the Labor and Vocational Training Department through the “Mihan” platform. If your name is in the system and you want to start working or launch a small project, these loans are designed for you.
The ministry offers three loan amounts:
- 20 million dinars
- 30 million dinars
- 50 million dinars
Each loan comes with clear conditions.
If you take a 20 million dinar loan, you must hire one worker and register them with social security.
For a 30 million dinar loan, you need to hire two workers.
And for the 50 million dinar loan, you must hire three workers and register all of them officially.
These loans are interest-free and are repaid once a year, making them easier for people starting out.
Khawam said the government has set aside 1.2 trillion dinars for the loan fund. However, lending is currently on hold until the new budget is approved. Payments are also waiting for previous borrowers to return their annual repayments, which go back into the fund to support new applicants.
There are a few more requirements. The jobs created must be in the private sector, and every borrower must provide a guarantor. The guarantor has to be a government employee, since the loans are public funds. They must also be registered in the vocational training database through the Mihan platform.
In short, these loans are meant to help unemployed people create jobs—not just for themselves, but for others too—once the new budget is approved and lending resumes.
