Abd Al Muhsen is a 43-year-old married man from Al Hashmi-Amman, Jordan, and a father of four children. He has a grocery store and is requesting a loan of 1,500 JOD to purchase more goods for his store.
Abd Al Muhsen is looking to improve his family's living conditions as well as open another branch of his store.
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.