Rawa, 22 years old, is from Al Russeifeh, Jordan. She is requesting a loan of 400 JOD to purchase clothes and blankets which she will sell to friends and relatives to increase her income. She sucessfully completed a similar project of a smaller scale, but wishes to expand by opening a small shop at her home. Since Rawa is under 30 years old, her loan is considered a youth loan.
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.