a- Individual finance :
Applicant should be present personally to the branch with the required documents that support his application.
b- Collective finance:
· Finance via intermediaries:
Intermediaries are Civil societies like grass roots, farmers, women , small –scale industries and rural development societies that operate in the field of microfinance and facilitate the process of providing microfinance for the targeted persons ,e.g. they act as a third party through offering intermediation services between the bank and the targeted people. In fact , the bank provides finance for the intermediaries via the following means :
1- Direct finance :
This type of finance is generally executed through the restricted mudaraba mode ( Islamic mode) and there is no any direct relation between the bank and the beneficiaries who often benefit from this finance in this respect ,so the responsibility of the finance often falls on the shoulders of intermediaries that represented in the collection of monthly installments. Example of these intermediaries: Microfinance Institutions that do not take deposits.
2- Finance for individuals via intermediaries:
It is a finance for an intermediary and mostly carried out through the musharaka or restricted mudaraba mode . in return , the intermediary itself will later finance its members via murabaha mode and there should be only a data relation between the bank and the targeted persons in order to be aware of their files as well as opening saving accounts for them without establishing any direct finance relation with them.
· Finance for individuals under supervision of intermediaries:
It is a direct finance from the bank to beneficiaries under the intermediation of intermediaries, where the intermediaries follow- up all the processes of projects from feasibility studies to collection of monthly installments.