Grameen Crédit Agricole Foundation lends $2M for microfinance in Jordan



ImpactAlpha, April 9 – The Grameen Crédit Agricole Foundation made the three-year loan to FINCA Jordan, one of the 20 microfinance institutions in the FINCA Impact Finance network.

  • Focus on women… The microfinance institution lends to groups, individuals and small businesses, with a focus on agriculture and women’s groups. More than 90% of its 29,000 customers are women.
  • Three-quarters of people in Jordan… are unbanked, says FINCA Jordan CEO Makhmud Saidakhmatov.

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