The Minister of Planning and International Cooperation of Jordan, J’afaar Hassan, recently met with a group of microfinance practitioners as part of the operational plan of the country’s national strategy for the microfinance sector. The minister expressed support for developing the sector in line with international best practices and creating an institutional and legislative framework that allows private-sector and civil-society institutions to finance and otherwise support microfinance. The operational plan covers the years 2012 through 2014.
The meeting was attended by the General Director of the Development and Employment Fund, a government agency, and representatives of the United Nations Relief and Works Agency’s microfinance department and the following Jordanian microfinance companies: Tanmeyeh, National Microfinance Bank Alwatani, Microfund for Women, Jordan Microcredit Tamweelcom, Ahli Microfinance Company, the Middle East Micro Credit company, Foundation for International Community Assistance (FINCA) Jordan, the Cairo Amman Bank and Al Amin Micro Finance Company.
By Mihaela Grindeanu, Research Associate
Sources and Additional Resources:
Petra story: “Planning minister meets micro-finance sector institutions”, http://www.petra.gov.jo/Public_News/Nws_NewsDetails.aspx?Site_Id=1&lang=2&NewsID=78154&CatID=13&Type=Home>ype=1
MicroCapital.org story, June 18, 2012: “MICROCAPITAL BRIEF: “SANAD Fund for MSME” Loans $3m to Middle East Micro-Credit Company of Jordan”, https://www.microcapital.org/microcapital-brief-sanad-fund-for-msme-loans-3m-to-middle-east-micro-credit-company-of-jordan/
MicroCapital.org story, June 4, 2012: “MICROCAPITAL BRIEF: Microfund for Women Offers Health Insurance Coverage to Microfinance Borrowers’ Families in Jordan”, https://www.microcapital.org/microcapital-brief-microfund-for-women-offers-health-insurance-coverage-to-microfinance-borrowers-families-in-jordan/
MicroCapital Universe Profile: Finca Jordan, https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=FINCA+Jordan
MicroCapital Universe Profile: CHF International, https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=CHF+International
MicroCapital Universe Profile: SANAD Fund for MSME (SANAD), https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=SANAD+Fund+for+MSME+%28SANAD%29
MicroCapital Universe Profile: Jordan Micro Credit Company (Tamweelcom), https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Jordan+Micro+Credit+Company+%28Tamweelcom%29
Browse the MicroCapital Universe and add your entry to the wiki at: https://www.microcapital.org/microfinanceuniverse/
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