Abu Dhabi Launches Interest-Free Marriage Loan Initiative Under Family Wellbeing Strategy
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The Abu Dhabi Social Support Authority (SSA) introduced the Marriage Loan initiative offering an interest-free loan of up to AED150,000 to help eligible newly-married UAE nationals, who are employed and hold an Abu Dhabi family book.
The plan is part of the Abu Dhabi Family Wellbeing Strategy and the Emirati Family Growth Programme, launched by the Department of Community Development – Abu Dhabi. It aims to help citizens in building their marriage on a secure financial foundation.
This initiative supports the Emirati Family Growth Program's goal of improving the quality of life for families, youth, and parents.
"This initiative underscores the Abu Dhabi Government's dedication to strengthening family cohesion and social bonds, fostering population growth among citizens, and facilitating the formation of stable families," said Abdulla Al Ameri, Director-General of the Abu Dhabi Social Support Authority.
"The initiative being launched by the Abu Dhabi Social Support Authority will enable soon-to-be-married individuals to embark on a path towards a sustainable family future. These efforts align with SSA's strategic direction to reinforce the stability of Emirati families and amplify the positive impact they have on society," he added.
Ahmed Al Azeezi, Executive Director of the Social Support Applications (SSA) Sector at the Abu Dhabi Social Support Authority, said the initiative is aligned with the efforts to strengthen Abu Dhabi's social care system by helping establish strong and stable families.
He emphasized that this new service will be provided along with existing social support services to those about to get married in Abu Dhabi, ensuring the highest standards of governance and transparency.
Al Azeezi further said the SSA is proud to implement the initiative in support of the Emirati Family Growth Program, contributing to the goals of the Abu Dhabi Family Wellbeing Strategy. These programs aim to encourage young Emiratis to marry, have children, and build stable families.
The Abu Dhabi SSA will soon announce the channels through which the Marriage Loan service will be provided, along with the required documentation. It will start receiving applications in early September this year.
Earlier this month, the Department of Community Development - Abu Dhabi (DCD), the regulatory body of the social sector in the emirate, launched a program that includes six initiatives to support the growth of Emirati families.
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