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Amer

Update on Amer

Amer is 54 years old and married. He is from Jabal Al Hussein, Amman, Jordan and a father of five children.

Amer has his own blacksmith and he is requesting a loan of 1,500 JD to purchase machinery needed for the blacksmith. Amer has previously borrowed from Kiva and his loan was successfully paid on time.

An aspiration of Amer's is to purchase a car and renew his home furniture.

Previous Loan Details

Amer is 53 years old and a father of five. When you look into his sparkling eyes, you can notice his strong determination and great ambition. Amer began his business with a small blacksmith shop where his work was limited to the local neighborhood. His fine work gave him a good reputation an... More from Amer's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Jordan

  • $3,740
    Average annual income
  • 52
    View loans »
    Jordan Loans Fundraising
  • $7,609,950
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Amer to purchase machinery needed for the blacksmith.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 31, 2011
Listed
Jan 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 16, 2013