Wafa'a is 32 years old, married and lives in the town of Al Hashmi, Jordan. She has three children and is requesting a loan for 900 JOD to buy clothing to sell to her customers. She is planning to expand her business in the future by opening her own shop. Her goal is to improve the living conditions of her family.
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.