Small and medium-sized businesses employ around a third of Jordan’s private sector labour force. Yet, World Bank Enterprise Survey data shows that nearly 49% of small and 33% of medium-sized businesses in the country still cite access to finance as a major constraint to their growth. GroFin allowed Al-Mutamayeza for Frozen Food Trading, which trades
As many as 226,000 out of 660,000 (almost a third) of Syrians refugees registered with the United Nations refugee agency in Jordan are school-aged children between 5-17 years old. Since the outbreak of conflict in Syria in 2011, the influx of Syrian refugee children in Jordan has spurred the Education Ministry to take several steps
Download the Full Report It is our privilege to share with you the Nomou 2017 Impact Report. The Nomou Programme is a regional initiative in MENA which was co-created by GroFin and Shell Foundation. As a result of the collaborative efforts of its investors, partners and clients, we are proud that the Nomou programme is
A long history of unstable rule, border disputes, and religious strife has created continuous conflict in Iraq. With wars conducted from the beginning of the 20th century to the present, Iraq has become a developing country whose people suffer decreased access to clean water, and heightened severity of disease outbreak. Poor water quality persists throughout
Jordan has witnessed a significant refugee influx over the last seven years. This has placed a huge strain on economic infrastructure, service delivery and employment avenues alike. Representing a population of nearly 1.3 million, the vast majority of Syrians who fled to Jordan since war broke out in their country in 2011 live outside official
Moving away from their historical over-reliance on the public sector, Arab youth are empowering themselves by pursuing entrepreneurship avenues and these young Arab entrepreneurs are creating employment at scale The eighth United Nations Sustainable Development Goal (SDG) calls for promoting “inclusive and sustainable economic growth, employment, and decent work for all.” A new report by the
To talk of financial management and not touch upon working capital management is not possible. This GroFin business support guide provides an overview on working capital management to help entrepreneurs understand the importance of working capital for building a sound financial future for the organisation.
Entrepreneur Abdallah Nofal began his business in 2006 as a wholesale supply business trading in food items, particularly vegetable oil and other food oils. His 30-years’ experience in the wholesale industry enabled him to quickly build the enterprise to the point where he purchased land and began bottling his own vegetable oil in a manufacturing facility
Originally from Palestine, Walid Al-Tarifi, is passionate about technology. Driven by this passion, Walid travelled to Germany, France, and Italy to acquire knowledge on optical discs and the industry. In 1996, he established his first factory, Al Mostaqilla for Technology & Industrial Investment with the support of his brothers.