Nineteen women entrepreneurs and representatives from Jordanian manufacturing associations recently completed a five-day workshop designed to build their business acumen and skills in obtaining financing. The November 23-27 training was sponsored by the USAID-OPIC Jordan Loan Guarantee Facility (JLGF) in cooperation with the Jordan Women’s Industrial Community.
ABOUT USAID JLGF
Partial Loan Guarantees
USAID JLGF guarantees from the United States Government’s Overseas Private Investment Corporation (OPIC) assure the repayment of up to 75% of qualifying loans to small and medium enterprises (SMEs). This risk-sharing encourages commercial banking partners in Jordan to lend to creditworthy SMEs that would not otherwise meet all the necessary criteria.
USAID JLGF provides training and other technical assistance to partner banks and SMEs. Bank staff learn the financial analysis techniques that USAID JLGF performs on every loan submitted for guarantee, and SMEs are taught financial management skills designed to improve their ability to access bank financing.
AMMAN (December) - From November 23 to 27, 2014, the USAID-OPIC Jordan Loan Guarantee Facility (JLGF) in cooperation with the Jordan Women Industrial Community conducted a highly innovative five-day competitiveness and financing workshop for 19 women entrepreneurs and associations representing manufacturers located in Amman, Sahab and Marka Industrial Cities, Karak, and Ajloun.
The United States Agency for International Development (USAID) Jordan Loan Guarantee Facility (JLGF) is helping SMEs grow their businesses. A three day workshop was conducted to help SME owners in Aqaba seek financing for startup or expansion. Case studies were presented to show how to use financial analysis and projections to determine financing needs and improve business performance. 35 SME owners participated in the workshop.
Market are SMEs
sector work in SMEs
the private sector output