Director General of Jordan Loan Guarantee Corporation (JLGC), Mohammad Ja’afari, and Chairman of Al-Namothajiah for Islamic Microfinance Company, Adel Asaad, on Sunday signed a guarantee agreement for financing micro and small businesses. The agreement aims to provide guarantees for financing the company’s clients, primarily small and micro projects, home-based micro businesses, professionals, craftsmen and self-employed individuals on soft deadlines and costs, according to a joint statement. This process aims to help beneficiaries continue their business and cover their operational and capital expenses, especially with the economic challenges following the Covid-19 crisis, the statement added. This agreement also comes within the framework of the two sides’ interest in developing small and micro businesses, expanding the sector’s growing customer base, providing financing solutions on easy terms, in addition to providing services that meet their needs within the least standard time.

Source: Jordan News Agency