• Jordan
Where the impacts of the investment may be experienced.
Financial Institutions
  • Netherlands Development Finance Company (FMO)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Mar 12, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Making Cents International
The holder of the loan, grant, or other investment.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.10 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 0.09 MLN
Converted using 2019-04-18 exchange rate.
Primary Source

Original disclosure @ FMO website

Updated in EWS May 8, 2019

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Project Description

The objectives of this project are to i) integrate Tamweelcom on the platform, ii) onboard its (new) refugee clients and iii) support Tamweelcom with capacity building to serve the new target market.

This project, the Digital Identity Initiative, contributes to FMO's impact objectives of inclusive development in Jordan, a country hosting more than 650,000 Syrian refugees. The project supports Tamweelcom in their mission to promote access to finance to Syrian refugees and giving them a digital economic identity. This project is at the core of MASSIF's ambition to serve the unbanked and to leverage innovative solutions for increasing access to finance for refugees.

Investment Description
  • Netherlands Development Finance Company (FMO)
Private Actors
Private Actors Description

Making Cents International is a US-based development consultancy company. The direct beneficiaries of the project are the Jordanian MFI Tamweelcom and Tamweelcom's Syrian refugee borrowers living in Jordan.

Contact Information

*Contact information not provided at the time of disclosure*


Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: