The EIB has worked with Jordan since 1979. We support the upgrade of its socio-economic infrastructure by, for example, financing the Wadi Al Arab water system, securing access to drinking water in a country that suffers from water scarcity. We have also improved the energy supply and supported the national objective to reach a 10% renewable energy share by 2020. Another good example is the modernisation of Jordan’s educational system and related facilities.
Thanks to EIB, children can now access primary school without distinction of gender or income.
Through the Risk Capital Facility, we supported the Microfund for Women, helping 8000 people, of which 80% were women, including from Syria, to obtain much-needed funds to start their own micro-business and overcome poverty.
The first EIB backed microfinance operation in Jordan for EIB, made possible by EU grants. The fund is helping low-income women engage in economic activity with small loans and technical assistance. The fund has recently launched a microinsurance product. Watch the video to find out more.