RIYADH: The King Khalid Foundation (KKF) said here recently that it has financed small enterprises (SMEs) run by 130 widows in some of the Kingdom’s provinces.
KKF hosted an iftar party last week for local media at its headquarters in Riyadh at which it presented its 2014 report to the media.
According to the foundation, the financial assets of SR445,000 aims to finance four small development projects targeting various segments in the Kingdom.
It comes as part of the program of Princess Mashael bint Khalid for development and is intended to finance small projects for those who have applied for financial support.
Spelling out the objectives behind these projects, a KKF source said it would assist 70 widows from the age of 20 to 45 in life skills, in addition to 40 others between the ages of 30 and 45. This project will be implemented under the supervision of Arar Orphans Association.
Another project seeks to provide rehabilitation and training to productive families and artisans at the Women’s Charitable Organization in Asir.
KKF funds SMEs run by 130 widows
