Investing in Employment in the Middle East and North Africa Region

SANAD Entrepreneurship Academy

Investment Project Portfolio Jordan

Partner institution Vitas Jordan
Country Jordan
Counterparty sector Microfinance
Signing date April 2017
Financial Instrument Senior loan
Size USD 4 million
Project description and objectives The loan will enable Vitas Jordan to finance approximately 2,200 additional loans to micro- and small business owners to generate income, jobs and prosperity for their families and communities.



Partner institution Microfund for Women
Country Jordan
Counterparty sector Microfinance
Signing date September 2016
Financial Instrument Senior loan
Size USD 5 million
Project description and objectives Support Microfund for Women in the expansion of its lending services to micro-entrepreneurs and very small enterprises across Jordan and to provide easier access to a variety of financial products and services, such as micro and small loans as well as micro insurance.



Partner institution Vitas Jordan
Country Jordan
Counterparty sector Microfinance
Signing date December 2015
Financial Instrument Senior loan
Size USD 4 million
Project description and objectives The loan will enable Vitas Jordan to finance approximately 2,200 additional loans to micro- and small business owners to generate income, jobs and prosperity for their families and communities.



Partner institution Tamweelcom
Country Jordan
Counterparty sector Microfinance
Signing date October 2015
Financial Instrument Senior loan
Size USD 2 million
Project description and objectives Support Tamweelcom to further develop its financing service to micro and very small enterprises and thus utilize its large branch network to provide access to finance across Jordan.



Partner institution Tamweelcom
Country Jordan
Counterparty sector Microfinance
Signing date July 2015
Financial Instrument Senior loan
Size USD 3 million
Project description and objectives Support Tamweelcom to further develop its financing service to micro and very small enterprises and thus utilize its large branch network to provide access to finance across Jordan.



Partner institution Microfund for Women
Country Jordan
Counterparty sector Microfinance
Signing date March 2015
Financial Instrument Senior loan
Size USD 7 million
Project description and objectives Support Microfund for Women in the expansion of its lending services to micro-entrepreneurs and very small enterprises across Jordan and to provide easier access to a variety of financial products and services, such as micro and small loans as well as micro insurance.



Partner institution Vitas Jordan
Country Jordan
Counterparty sector Microfinance
Signing date March 2014
Financial Instrument Senior loan
Size USD 2 million
Project description and objectives The loan will enable Vitas Jordan to finance approximately 1,100 additional loans to micro- and small business owners to generate income, jobs and prosperity for their families and communities.



Partner institution Middle East Micro Credit Company (MEMCC)
Country Jordan
Counterparty sector Microfinance
Signing date August, 2013
Financial Instrument Senior loan
Size USD 1 million
Project description and objectives Support MEMCC to continue reaching out its broad clientele ranging from micro- to small enterprises and entrepreneurs. Approximately 700 additional clients, in particular very small enterprises, will benefit from the new credit facility.


Partner institution Tamweelcom
Country Jordan
Counterparty sector Microfinance
Signing date August, 2013
Financial Instrument Senior loan
Size USD 1.5 million
Project description and objectives Support Tamweelcom to further develop its financing service to micro and very small enterprises and thus utilize its large branch network to provide access to finance across Jordan.


Partner institution Finca
Country Jordan
Counterparty sector Microfinance
Signing date August, 2012
Financial Instrument Senior loan
Size USD 1.5 million
Project description and objectives Support the expansion of lending services to micro-entrepreneurs, helping them in creating jobs and building their business. Approximately 3,000 micro-entrepreneurs are expected to benefit from SANAD’s credit facility.


Partner institution Middle East Micro Credit Company (MEMCC)
Country Jordan
Counterparty sector Microfinance
Signing date June, 2012
Financial Instrument Senior loan
Size USD 3 million
Project description and objectives Support MEMCC expanding lending services to micro-entrepreneurs and very small enterprises, helping them to grow and thereby spurring economic growth and job creation. Approximately 2,000 additional clients stand to benefit from SANAD’s credit facility.


 
Initiated
|
Advised by
 
  • http://www.kfw-entwicklungsbank.de/
  • http://www.finance-in-motion.de/
 
 
Funded by
 
  • http://www.bmz.de/
  • http://ec.europa.eu/
  • http://www.kfw-entwicklungsbank.de/