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Update on Wael

Wael is a 40-year-old male from Al Hahmi - Amman in Jordan. He has four children. He has requested a 1000 JOD loan to buy a new welding machine for his work. In the future he would like to improve his family's living conditions.

Previous Loan Details

Wael is a 39-year-old married man from Al Hashmi, Amman, Jordan. He is the father of six children. Wael is a blacksmith. He is requesting a loan of 500 JOD to purchase a new machine. Wael's aspiration is to improve his family's living conditions through increasing his income. More from Wael'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

  • $6,100
    Average annual income
  • 30
    View loans »
    Jordan Loans Fundraising
  • $8,034,925
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Wael to purchase a new machine for his work.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Sep 17, 2012
Sep 27, 2012
Currency Exchange Loss:
Mar 5, 2014
This photo was used before for a previous loan for Wael. It was first posted on Kiva on Nov, 2011. Learn More