Due to Corona, we applied online, created an electronic e-Wallet account, took the money and started the project.
Marah Al-Masri - Al-Salt
- > 120,150 active borrowers
- >113,009 active borrowers are women
- Total amount of loans disbursed is > 93,4526,053 JOD
- Repayment rate is >93.9%
- > 1,631,009 loans
- > 33 international and local awards
- > 63 branches
- > 790 employees
- > 580 employees are women
The Palestine shop was making a monthly income of 250-300 J.D; however, her husband knew he had to make a change to better support his family of four. In 2020, he received his first loan from MFW to buy more products and improve the overall quality of the business to attract more customers.
Once this was accomplished, he used additional loans from MFW to expand his offerings beyond vegetables and fruits to pigeons and birds as well. The loan from MFW enabled him to reach new heights in his business, resulting in a new monthly income of 400-600 J.D.
Written by volunteer: Faris Prince.