Oman Improvement Financial institution has surpassed OR100m ($259m) in its micro-project lending portfolio by the top of September 2025, after financing greater than 20,000 small initiatives throughout manufacturing and repair sectors all through the Sultanate.
The milestone displays balanced regional growth, with financing distributed throughout all governorates, translating authorities insurance policies—led by the Ministry of Finance—into tangible outcomes.
The achievement underscores the financial institution’s dedication to empowering people and households via self-employment whereas advancing the targets of Oman Imaginative and prescient 2040, which locations residents on the centre of growth.
Oman Improvement Financial institution
The Ministry of Finance performs a pivotal position in supporting micro-projects by backing the institution of the Improvement Financial institution as a nationwide financing establishment devoted to productive and service-based ventures.
Performing as the chief arm of Oman’s financial empowerment insurance policies, the ministry directs financing towards precedence teams to make sure equitable distribution and balanced development throughout governorates, whereas additionally overlaying curiosity prices for initiatives managed by people operating their very own companies.
The lending portfolio spans a number of sectors, with the fisheries trade main via 8,761 loans value roughly OR38.5m ($99.6m).
The agriculture and livestock sector acquired 3,805 loans, representing 19 per cent of the whole portfolio, whereas the handicrafts sector secured 2,898 loans, accounting for 10 per cent of complete financing.
These sectors are key to nationwide meals safety and stay deeply rooted in Omani society as conventional and sustainable professions that present dependable earnings, notably in rural and coastal areas.
Oman startups
The Improvement Financial institution continues to prioritise startup initiatives, recognising that a lot of Oman’s giant enterprises started as small concepts that succeeded with early-stage monetary help.
This technique aligns with the federal government’s objective of fostering innovation, self-employment, and inclusive financial development throughout the Sultanate.
