MFI ReportPartnerships
| Name | Relationship |
|---|---|
| Sanabel | Network Affiliation |
-
9.0 million14,883605.90.08.6 million0
Mission:
AMC is a profit-making enterprise targeting poor and low-income entrepreneurs all over Jordan and in the Levant Region. We envision assisting our clients to achieve comfortable standards of living by providing sustainable, cost effective and high quality financial and other developmental ... Read more
AMC is a profit-making enterprise targeting poor and low-income entrepreneurs all over Jordan and in the Levant Region. We envision assisting our clients to achieve comfortable standards of living by providing sustainable, cost effective and high quality financial and other developmental services that address their needs and build their capacity.
We focus on implementing cutting-edge technology to achieve operational efficiency in our operations and continuously develop our staff capacity and their capabilities. We are committed to create and maintain a motivational environment in our organization.
We have taken on the challenge of creating unique social values throughout our core operations. Hide
Background and Main Challenges:
: Jordan Ahli Bank, the parent company of Ahli Microfinance Company (AMC), is keen that its financial service should be delivered to all sectors in the economy from large to micro sectors. In order to activate its economic and social role and real participation in the development of the ... Read more
: Jordan Ahli Bank, the parent company of Ahli Microfinance Company (AMC), is keen that its financial service should be delivered to all sectors in the economy from large to micro sectors. In order to activate its economic and social role and real participation in the development of the Jordanian economy, Jordan Ahli Bank in association with AMIR program has studied the opportunity of establishing a company that its operations are directed into lending to microfinance sector depending on "Best Practices Methodology." Ahli Microfinance Company (AMC) was incepted in mid 1999, and it is considered to be the first private-sector microfinance institution that operates in this field. AMC is keen to constantly improve its services through communicating with its customers and responding to their financing requirements. Since its establishment, AMC has provided JD 65 million worth of loans to local small businesses. As part of its ambitious on-going development plan, AMC continued to open new branches. Further, AMC has breathed new life into its staff and supported its existing team with specialized training, adopting the latest management techniques in this field. Hide
Address:
P.O.BOX 23543
Amman
11115
Jordan
Phone:
+962 65 86 59 70
Fax:
00 962 6 586 5952
Email:
amc [at] amc [dot] com [dot] jo
Website:
Main Funding Sources:
Grants
Shareholder Capital
Products and Services:
Loans
Training and Consulting
Products:
AMC excels in providing its services through developing loan programs professionally tailored to suit a varied assortment of businesses and social segments. These include:
• “Group” Loan: Targets home-based businesses owned by a group of women in order to assist them in expanding their ... Read more
• “Group” Loan: Targets home-based businesses owned by a group of women in order to assist them in expanding their ... Read more
AMC excels in providing its services through developing loan programs professionally tailored to suit a varied assortment of businesses and social segments. These include:
• “Group” Loan: Targets home-based businesses owned by a group of women in order to assist them in expanding their activities. The funding amount starts from JD 500 until JD 750 for each member of the group, with a repayment period of up to 15 months.
• "Teacher" Loan: Targets teachers in all schools around the Kingdom. The funding amount ranges from 500 JD to 2,500 JD while the repayment period ranges from 8 to 15 months.
• "Educational" Loan: Assists students in finishing their graduate studies with financing ranging from 500 JD to 2,250 JD with a repayment period up to 36 months.
• “Ambition” Loan: A funding program especially tailored to respond to the needs of existing licensed and non-licensed (Home-based) businesses, with JD 600-3,000 cash funding and repayment period of up to 15 months.
• "Development" Loan: An exclusively designed loan program intended to support and help develop existing licensed businesses. The funding amount borders from JD 3,000 to JD 15,000, with a repayment period of 4-18 months.
• Vehicles Loan: An affordable auto loan enabling outlet owners to buy transport vehicles for their businesses, with a financing limit of JD2,000 – 15,000 and a repayment period of 4-36 months. Hide
• “Group” Loan: Targets home-based businesses owned by a group of women in order to assist them in expanding their activities. The funding amount starts from JD 500 until JD 750 for each member of the group, with a repayment period of up to 15 months.
• "Teacher" Loan: Targets teachers in all schools around the Kingdom. The funding amount ranges from 500 JD to 2,500 JD while the repayment period ranges from 8 to 15 months.
• "Educational" Loan: Assists students in finishing their graduate studies with financing ranging from 500 JD to 2,250 JD with a repayment period up to 36 months.
• “Ambition” Loan: A funding program especially tailored to respond to the needs of existing licensed and non-licensed (Home-based) businesses, with JD 600-3,000 cash funding and repayment period of up to 15 months.
• "Development" Loan: An exclusively designed loan program intended to support and help develop existing licensed businesses. The funding amount borders from JD 3,000 to JD 15,000, with a repayment period of 4-18 months.
• Vehicles Loan: An affordable auto loan enabling outlet owners to buy transport vehicles for their businesses, with a financing limit of JD2,000 – 15,000 and a repayment period of 4-36 months. Hide
Services Provided:
Other
Looking for (Investment Types):
Equity
Loans in Local Currency
Donations
% Operations Comprised by MF:
91 - 100
Date established:
Jan 1 1999
FYE:
31-Dec
Current Legal Status:
NBFI
Regulated:
no
Partnerships
| Name | Relationship |
|---|---|
| Sanabel | Network Affiliation |
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Fadi M. ShalabiGeneral Managerfadi [dot] shalabi [at] amc [dot] com [dot] jo+ 962 6 5865 970/2/3
-
Lubna AbusalahHuman Resources, Administration & Corporate Development Managerlubna [dot] abusaleh [at] amc [dot] com [dot] jo+962-6-58 65 970 ext: 106
-
Tala FakhourySenior Marketing Officertala [dot] fakhoury [at] amc [dot] com [dot] jo+962 6 586 8970
-
Tamer HalasehFinancial Managertamer [dot] halaseh [at] amc [dot] com [dot] jo+962 65865970 ext. 109
References
Sameera Qadoura
