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Foad
Foaad is 64 years old and lives in Al Hashmi, Amman with his wife and two children. He makes a living by running a grocery store, and is applying for a loan for 1,500 JD to buy more products to sell to his customers. His goal for the future is to improve his family's life by expanding his store.

Additional Information

About Tamweelcom

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.

For more information, please visit Tamweelcom’s website.

About Jordan

  • $6,100
    Average annual income
  • 26
    View loans »
    Jordan Loans Fundraising
  • $7,922,800
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Foad to buy more products to sell to his customers.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2011
Listed
Aug 18, 2011
Currency Exchange Loss:
Possible
Ended:
May 25, 2013