Commitment Types: Entrepreneurship
Entrepreneurship

Grofin committed to investing approximately $5 million in 8 small and medium sized enterprises (SMEs) in Jordan that are either owned by refugees or employ refugees, a market that is currently underserved by traditional lenders, through its Nomou Jordan Fund over the next two years. In addition to its financial investment, Grofin will provide these SMEs with business support at pre-finance and post-finance stages, including helping to get the businesses investment-ready and making connections to local and international business opportunities. In addition, Grofin will encourage all of the 50+ SMEs in its portfolio in Jordan to hire refugees, increasing the number of jobs created for refugees by companies in the Nomou Jordan Fund to more than 100.