Under the chairmanship of the Minister of Social Development, the Family House for Microfinance is holding its second meeting during the current year

01-06-2023

His Excellency Mr. Osama bin Ahmed Khalaf Al-Asfour, Minister of Social Development, Chairman of the Board of Directors of the Family House for Microfinance, presided over the second meeting of the Board of Directors for the current year, in the presence of the Vice-Chairman of the Board of Directors, Dr. Mustafa Al-Sayed, and the CEO of the Family House, Dr. Khaled Ateeq, and members of the Board of Directors. In this regard, Minister Al-Asfour stressed the importance of providing the best sustainable development practices by applying the concepts of social economy related to the projects of community members, praising the efforts of the Family House microfinance team in achieving more positive results, noting the keenness to consolidate the policy of cooperation with all parties related to financing for micro projects. During the meeting, the minutes of the Board of Directors meeting held last March were approved, and the Family House performance report and financial statements were discussed, as well as the risk and corporate governance report for the first quarter of the year 2023. Ways of sustaining development projects and development services provided by the Foundation to its clients were also discussed, and all administrative measures that contribute to the continuation of its developmental performance efficiently are taken.