JOHUD, FINCA Jordan for Microfinance Sign MoU on Productive Initiatives

Source: The Jordan Times

The Jordanian Hashemite Fund for Human Development (JOHUD) and FINCA Jordan for microfinance on Saturday signed a memorandum of understanding to collaborate in achieving their shared goals to support local communities and contribute to their economic development. The agreement was signed by JOHUD Executive Director Farah Daghestani and FINCA Jordan's CEO, Abduqodir Sattorov, at the Queen Zein Al Sharaf Institute for Development in Amman.

The agreement outlines the cooperation between the two parties in supporting and financing productive initiatives, small businesses, and projects across the Kingdom through soft loans, according to the Jordan News Agency, Petra.