Microfinance

1. Mobily Pay will provide the financing service (the “Service”) to clients through a third party (Quara Company) (the "Service Provider")

2. Submission of a Service application by the client to Mobily Pay does not guarantee approval of the Service, the Service request is subject to the Service Provider's approval.

3. The Service will be available to clients aged 21 to 60.

4. Acceptance of the Service request is subject to the eligibility criteria set by the Service Provider.

5. The client agrees that Mobily Pay may share the information necessary for the Service Provider to process the request, including:

6. The client agrees to the processing of their personal data by Mobily Pay and the Service Provider in accordance with the personal data protection laws and regulations in the Kingdom of Saudi Arabia.

7. The profit-sharing ratio and fees applied to the Service are in accordance with the Service Provider's policy.

8. The Service application is subject to the client’s acceptance of the Service Provider’s terms and conditions.

9. Upon acceptance of the Service application, the client will be provided with the payment schedule and the amount due in each installment.

10. The Service is subject to the laws and regulations of the Kingdom of Saudi Arabia, including the regulations of the Saudi Central Bank “SAMA”.

11. Support and inquiries related to the Service application shall be handled by the Service Provider at 8001188999.

12. Mobily Pay’s general terms and conditions, including its wallet limits, shall apply.

**The Client acknowledges that submitting a Service application means that the Client has read and agreed to the Microfinance Terms and Conditions set out above.