Marwan is a 45-year-old married man who has five family members from Al Aqaba, Jordan. He is requesting a loan of 500 JOD to buy materials for making Oriental antiques because he wants to increase the number of products he can resell. He hopes in the future to expand his project by opening a shop to increase his income.
In the picture Marwan is the man on the right and his friend is standing next to him on the left.
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.