I took around 5 consecutive loans from MFW… Each time my business got better because I managed to purchase the proper resources.
Manal Salman - Na’ur
- > 136,000 active borrowers
- > 96% of active borrowers are women
- Total amount of loans disbursed is > 661,575,358
- Repayment rate is > 98%
- > 1,000,000 loans
- > 31 international and local awards
- > 63 branches
- > 700 employees
- > 68% of employees are women
For the third year in a row, MFW’s beneficiaries participate in Amman Design Week, Managing Director of Microfund for Women, Mrs. Muna Sukhtian said that the aim of the participation of a number of the company’s beneficiaries in the activities of the “Amman Design Week 2019” is to take advantage of creative ideas in the enhancement of their diverse products, and promote their small and medium businesses in various fields.
Sukhtian highlighted that the company is adopting a project in partnership with “Amman Design Week” to enhance the products and services of 11 beneficiaries. The project focuses on three main themes: Creative thinking, product development, in addition to a guidance and direction program. As a result of this project, a wide range of modern-nature products were developed with the ability to compete with handcrafted products both locally and regionally.
Sukhtian called on the public to visit the crafts corner/ Al-Kabariti Village and support the beneficiaries by purchasing their exceptional handcrafted products available until October 12th.
Sukhtian also noted that the Microfund for Women had recently announced granting 10 full university scholarships to university student children of beneficiaries of the company’s services accepted in official Jordanian universities for the current academic year, in order to ease the financial burdens incurred by the student’s families and provide students with opportunities to complete their educational path and enhance their future opportunities.
Microfund for Women, which commenced its work in 1996, is a private non-profit company operating under the supervision and control of the Central Bank of Jordan.