SME loans and business support for entrepreneurs in Jordan

Business loans

Your SME or growing business operates in a Jordan governorate: Amman, Irbid, Zarqa, Mafraq, Ajloun, Jerash, Madaba, Balqa, Karak, Tafileh, Maan and Aqaba.

Your business is in one of our preferred sectors: EducationHealthcareAgri-Processing, Manufacturing, or Key Services (Energy/ Waste / Water / Recycling). Other sectors can be considered on a case-by-case basis.

Your business is making a positive social and economic impact: e.g. creating jobs, empowering women, supporting refugees, benefiting the environment, etc.

Loan Criteria

You require medium-term loan capital between JOD 70,000 and JOD 1.4m for a duration of 3-8 years.

Your business has been operating for 2-3 years and has an annual turnover of 1.5 times the loan amount. We do consider startups on a case-by-case basis.

We expect entrepreneurs to (partly) secure the loan if collateral is available. Personal guarantees of the entrepreneur(s) are required.

How to apply

Click on ‘I’m Interested’ to complete an online assessment. A GroFin Jordan representative will contact you should you qualify.

Why choose Nomou Jordan

GroFin SME investments
42

SME
Investments

GroFin entrepreneurs supported
557

Entrepreneurs
Supported

Business loans approved
US$ 24.0m

Business Loans
Approved

(Figures as at Q3 2020)

The Nomou Jordan Fund (NJF), managed by GroFin, was launched in 2014 to support the development of Jordan’s SME sector. The Fund prioritises investments in women-owned and employment-intensive businesses to create maximum impact. The Fund’s mandate also includes a strong focus on investing in businesses owned by – or employing – refugees or migrants.

GroFin SME investments

About the Nomou Programme

The Nomou Programme is managed by GroFin and provides access to business loans in the form of medium-term risk capital and value-adding business support (expert advice and continuous guidance) to grow SMEs and support entrepreneurs in Egypt, Jordan, Iraq and Oman.

The programme delivers best in class services for dedicated entrepreneurs of start-up or existing SMEs. Each local office is staffed with Investment Managers and Investment Executives who provide front line support to entrepreneurs. Through these services, Nomou is increasing the capacity of the grossly under-served SME sector in MENA, thus developing supply chains and helping to create much-needed employment.

What Jordan entrepreneurs say

“GroFin became our partner when banks refused our loan applications. We were short of experience, but we found all the support we needed in GroFin. They were there to help us with everything from planning to marketing and sales.”

“GroFin’s financial and business support resulted in extending our geographical coverage, increasing our number of products from 12 to 25, hiring new employees, and growing sales by over 15% annually”

Successful Nomou Jordan Fund Clients

GroFin Jordan builds long-term partnerships with our clients. See how some of our clients in healthcare and manufacturing talk about their journey with GroFin