Thani Humanitarian launches initiative to support loan defaulters

Doha, Qatar: Thani Bin Abdullah Foundation for Humanitarian Services has reaffirmed that its Al Gharimeen (debtors) Project aims to relieve financia...

Doha, Qatar: Thani Bin Abdullah Foundation for Humanitarian Services has reaffirmed that its “Al-Gharimeen” (debtors) Project aims to relieve financially distressed individuals burdened by debt due to circumstances beyond their control, such as job loss, sudden health or social crises, or financial losses in business ventures.

The foundation stated that the project was launched from a deep humanitarian and social commitment to protect individuals from falling into cycles of poverty and imprisonment, and to prevent financial hardship from escalating into a social crisis that undermines personal dignity and family stability.

According to the foundation, the initiative targets individuals who are unable to meet their financial obligations due to emergency circumstances or severe living pressures and who have had court judgments issued against them, not as a result of extravagance or negligence.

Beneficiaries include those who have lost their jobs, suffered unexpected illnesses, or encountered sudden financial setbacks. The project also supports families of imprisoned debtors who have lost their primary breadwinner and are left struggling to meet daily living expenses, making them particularly vulnerable to psychological and social stress.

The foundation explained that the Al-Gharimeen Project addresses the crisis at its roots by directly settling outstanding debts for eligible cases. This approach relieves legal and psychological pressures on beneficiaries and offers them the opportunity for a fresh start.