Microfinance & Loan Companies | Who's Who in Jordan's Banking, Insurance & Financial Services 2019

Microfund for Women

Microfund for Women (MFW) is Jordan’s first and largest not-forprofit, microfinance institution (MFI); dedicated to empower the entrepreneurial under - served, especially women. It was founded in 1996, registered under the Ministry of Industry and Trade and works under the supervision of the Central Bank of Jordan. MFW is also part of Tanmeyah, Jordan Microfinance network.

Today, MFW serves more than 150,000 beneficiaries (96% women). Its estimated micro-credit market share is 34% and had a gross loan portfolio of US $ 86million in 2018, with an average loan size $ 570.

BINDAR Trading and Investment

BINDAR Trading and Investment “BINDAR”, a subsidiary of INVESTBANK, is an innovative and Islamic compliant lending solutions company.

It was incorporated on 17/4/2000 as a trading and investment company specializing in installments sales operations of durable consumer goods, specifically cars. BINDAR was one of the first share holding companies in Jordan operating in this sector.

AL TAS-HEELAT

AL TAS-HEELAT is a public shareholding company that was founded in 1983 and is a pioneering entity in the lending and finance field.

In 2016, Tamkeen leasing company (a subsidiary of INVESTBANK) acquired the majority of the company shares and currently owns 95.2% of its shares. Since then, AL TAS-HEELAT became a subsidiary of INVESTBANK.

AL IMDAD

AL IMDAD was established in 2010 as a subsidiary of INVESTBANK in Jordan to meet the growing need for a financial company specializing in trade financing and supply chain logistics. Its unique business model allows for traders, manufacturers, importers, and exporters to benefit from both trade financing and supply chain logistics services.

AL IMDAD finances raw materials or finished goods for traders and manufacturers. The goods financed represent the main collateral for the financing.

Ahli Microfinance Company (AMC)

Ahli Microfinance Company (AMC) is a wholly owned subsidiary company of Jordan Ahli Bank, established in July 1999, and it is the first microfinance company in the private sector in Jordan.

Ahli Microfinance Company (AMC) was established to offer credit facilities to micro and small businesses, supporting the march towards economic and social development in the whole Kingdom.

Till today, AMC has provided more than 184 million JDs worth of loans with to a total number of 191,000 customers through 24 branches.

Tamweelcom (Jordan Micro Finance Company)

Tamweelcom, a Queen Noor – King Hussein Foundation institution, started with a JOD 30,000 grant, five employees, and 1 branch in 1999; with the purpose of elevating employment rates, fostering socioeconomic advancement and empowering low-income individuals within Jordan.