Jordan Microfinance Network \u2013 Tanmeyah – was established and formally registered as a non-profit institution at the Ministry of Industry and Trade in 2007 and was incepted to become the official representative for the microfinance institutions (MFIs).<\/p>\n
The Network\u2019s main objective is to develop a sustainable microfinance industry that will become an integral part of the national financial system in Jordan.<\/p>\n
It will play an active role in supporting the further development of the microfinance industry, providing advocacy and awareness rising on behalf of its members, promoting information and dissemination of developments and trends in the industry. Most importantly it will support the implementation of an appropriate regulatory environment, and will gather performance and benchmarking data for the sector.<\/p>\n
It is widely agreed upon that increasing access to finance for poor and low-income people is critical for human and economic development. If provided properly, it has the potential to increase household income and economic security, build assets and reduce vulnerability, create demand for other goods and services (especially nutrition, education and healthcare) in addition to stimulating local economies.<\/p>\n","protected":false},"excerpt":{"rendered":"
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