This project provides financing to the Jordan Micro Credit Company, or Tamweelcom, to support increases in lending to individual entrepreneurs, micro, and very small enterprises in Jordan.
The Project consists of a Jordanian Dinar-linked senior loan of up to USD 10 million for IFC’s own account.
Jordan Micro Credit Company, one of the largest MFIs in Jordan, was established in 1999 and is owned by Noor Al-Hussein / Kind Hussein Foundation, a non-profit, non-governmental organization. It employs 495 people and serves over 85,000 borrowers, about 86% of which are women, by offering individual and group loans through a network of 34 physical branches and 2 mobile branches spread across urban and semi-rural areas throughout Jordan.
Jordan Micro Credit Company “Tamweelcom”
Ali Abdel Jabbar
+962 6 5354337 Ext. 101
Kheir Al Dein Al Maani Street – Jureesat Centre 2, Amman, Jordan 11214
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/