A $2 million investment from IFC will allow MEMCC to expand its operations in Jordan, helping increase access to loans for micro, small, and medium enterprises, especially those owned by women.
IFC s investment will help us expand our operations into new segments and increase our coverage, providing financial services to a larger number of micro and small businesses throughout the country, said Naser Darwish, General Manager of MEMCC.
The Middle East Micro-Credit Company (MEMCC
) in Jordan hosted the event."Those who attend such events are ordinary people with extraordinary dreams," said Seif Mdanat, operations manager at MEMCC