The SANAD Fund for MSME (SANAD) has provided a senior loan of USD 5 million equivalent in Jordanian dinar to the Jordan Trade Facilities Company (JoTF) for on-lending to local micro, small, and medium enterprises (MSME).
The investment aims to support the partners' efforts to expand financial inclusion to this important segment of the Jordanian economy while simultaneously protecting MSMEs from exchange rate risk an additional safeguard in an economic environment already made challenging by the COVID-19 outbreak.
JoTF is a specialized provider of business fin
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