Release date: 3 December 2018
Promoter – Financial Intermediary
MICROFUND FOR WOMENLocation
Description
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.
Objectives
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.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
USD 8 million (EUR 7 million)
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 14/11/2018
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).