Credit in Sudan: loans, microcredit, leasing and finance

Credit Sudan

In Sudan, credit operates in a market where système financier fortement influencé par les principes de finance islamique et par le contexte économique. The reference currency is SDG and the monetary or prudential framework involves Central Bank of Sudan. Finance should always be matched to real repayment capacity.

Demand for finance is linked in particular to agriculture, commerce, or, services. Salaried workers, traders, farmers, business owners and retirees therefore present very different income patterns and should not be assessed in the same way.

A stronger application normally documents identity, address, bank activity, income, existing debts and the purpose of the finance. Total cost should be compared over the full term rather than through the monthly instalment alone.

The country guide below covers mortgages, vehicle finance, personal loans, peer-to-peer lending, cards, microcredit, business finance, leasing, agriculture, students, retirees, school fees and borrowing without salaried employment.