Mohamad is a 33-year-old married man from Baqa'a in Jordan. He has two children. He requested a 1,500 JOD loan for his coffee booth. Mohamed sells coffee, soft drinks, and candy. He would like to expand his project and buy goods and materials for the booth. In the first stage, Mohamad sold coffee and hot drinks. Now he wants to expand his project and start selling sandwiches. In the future he would like to open a small cafeteria where customers can be seated. Mohamad would like to improve his family's living conditions and pay for his children's education.
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.