Nuha is a 56-year-old married woman from Hay Nazal, Jordan. She is requesting a 1000 JOD loan to buy cooking supplies and ingredients for pasty making. Nuha intends on increasing her income by selling the pastries to friends and neighbors, who live in the same of area as her. In the future, she hopes to expand her business by opening a shop. As well, Nuha hopes to buy a new home.
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.