Self-sufficiency and attain success considering serious attempts for accomplishment, experiencing the conditions of such dynamic economic environment full of vital opportunities and promising prospects, Jordanian Microfinance institutions with the full range of services provided opens a horizon of hope and considered to be haven for motivated entrepreneurs that already chosen to depend on their own well and capabilities to attain success.
The importance of microfinance industry is constantly increasing in steadily basis among different economies being an important and essential component in the texture of the financial structure, such recognition was displayed as a result of the vibrant role of the microfinance industry lifting the targeted communities from the cycle of poverty to less poverty levels leading to different positive socioeconomic effects on the communities.
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.
Tanmeyah was born to serve as a local network, looking after the microfinance industry in Jordan, aiming to unify the efforts exerted to double the impact delivered to the communities, through increasing access to a range of highly demanded well-tailored sufficient financial and related non-financial services to all productive poor and low income people in Jordan, in order to embrace local community growth, changing lifestyle standards and improving living conditions filling the employment vacuum of the economy as possible.
Tanmeyah originally designed to play a significant role with the support of its members in developing a vibrant microfinance industry, enabling it to grow further into an effective and sustainable formal financial system. Tanmeyah now consists of nine active members with total market share of ….. employing latest financial, operation and social findings and globally adopted.
Since inception “Mid–Nineties” the Jordanian Microfinance industry was able to change the living standards for more than one million Jordanian household through 201 branches in the kingdoms by more than 2500 employees representing the industry.