Ibrahim is from Al Bayader. He is a 37-year-old single man who owns a small shop where he repairs car exhaust systems. Ibrahim started his business many years ago and he applying for a loan of JD1800 to purchase new equipment to enlarge his project. His aspiration is to develop his project further, hiring more employees and increasing his income.
Tamweelcom was ranked among the top ten microfinance institutions worldwide in 2007 and 2008 by the Microfinance Information Exchange (MIX). Tamweelcom offers loan products tailored to the needs of micro-entrepreneurs in Jordan, including vocational and solar power loans, loans for aspiring entrepreneurs starting a project from home, and loans for established small businesses. Tamweelcom’s non-financial services include training and permanent showrooms for clients to develop and market their products, as well as educational grants for children to attend private school. Through a partnership with Jordan’s largest telecommunications company, Tamweelcom is the first microfinance institution in the Middle East and North Africa to allow clients to make monthly loan repayments with their mobile phones.