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Waed
Waed is a 19-year-old married man from Sahab, Amman, Jordan and a father of one child. He has a brick factory and he is requesting a loan of 1500 JD to purchase equipment and machines needed.

Waed is looking to improve his business and provide his family with a better life. Because Waed is under 30 years old, his loan is considered as a youth loan.

Additional Information

More information about this loan

This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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

  • $3,740
    Average annual income
  • 18
    View loans »
    Jordan Loans Fundraising
  • $7,333,350
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Waed to purchase equipment needed for his brick factory.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 27, 2013