Ahli Microfinance Company supports “Urdun Al Nakhwa” initiative with 150,000 JOD

Apr 1, 2019

In response to the initiative of His Majesty King Abdullah II, in regards of solving the issue of fines, Ahli Microfinance Company announced the support of the Royal Initiative “Urdun Al Nakhwa” with an amount of 150,000 JOD. The company strives to support various national and social initiatives, which leads to sustainable development and social solidarity in various fields.

Dr. Ahmad Al Hussein, the Chairman of the Board of Directors of Ahli Microfinance Company, highlighted that this support came to reinforce the objectives of HM’s initiative to lessen the economic burdens on borrowers who have been unable to pay settlements due to difficult financial circumstances.

It is noteworthy that Ahli Microfinance Company is a wholly-owned subsidiary of Jordan Ahli Bank, established in 1999 with a total number of clients of 40,000. It is keen to provide a variety of financial and non-financial services through the network of branches spread across the Kingdom's Governorates. It is the first company that supports and empowers young entrepreneurs, women, and low-income business owners through opening doors to new opportunities to better economic, social, health and educational levels, which will contribute positively to the well-being of the Jordanian society as a whole.