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Microfund for Women (MFW) was initiated as a pilot group 'Guaranteed Lending Program' in Amman by Save the Children in 1994 with the goal of empowering women entrepreneurs to become income earners and decision makers in their homes and communities. The program later spun off to a local NGO with the dual purposes of testing the feasibility of group lending in Jordan and providing poor women with access to credit mechanisms.
Through its multiple programs, MFW seeks to dismantle the obstacles that prevent the entrepreneurial poor, especially women, from creating their own success and building better lives for their families by providing collateral-free loans to start or strengthen their own businesses. These businesses, though typically very small, enable borrowers to accumulate assets, create jobs for others and work their way out of poverty.
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