Waed is a 23-years-old married woman who has 2 family members and is from Jarash, Jordan. She is requesting a loan of 600 JD to buy materials for sewing. She plans to purchase a sewing machine, fabric, silk and beads to make a clothes to resell to her friends and neighbors. She wants to expand her business in the future.
Since Waed 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.