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    Signature(s)

    Amount
    € 7,138,823.01
    Countries
    Sector(s)
    Jordan : € 7,138,823.01
    Credit lines : € 7,138,823.01
    Signature date(s)
    23/12/2020 : € 2,712,477.4
    14/11/2018 : € 4,426,345.61
    Link to source

    Summary sheet

    Release date
    3 December 2018
    Status
    Reference
    Signed | 14/11/2018
    20180307
    Project name
    Promoter - financial intermediary
    MICROFUND FOR WOMEN MICROFINANCE LOAN
    MICROFUND FOR WOMEN
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 8 million (EUR 7 million)
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    The project consists of a loan in United States Dollars to fund the microfinance activities of Microfund for Women ("MFW") which mainly supports female entrepreneurs, including Syrian refugees, in Jordan.

    The facility will boost the access to finance for Jordanian micro and small enterprises (MSEs). MSEs are defined as businesses with fewer than 10 employees in both urban and rural areas, including self-employed individuals, sole proprietors and micro entrepreneur groups.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    News & Stories

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